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Banks-Insurance

BNR Injects RON3.25B In 8-Day Repo

Romania's central bank (BNR) Monday pumped 3.25 billion lei (EUR0.75 billion) into the market in an eight-day repurchase agreement operation at an interest rate of 6% a year, equal to the mo...

Florentina Dragu · 19.12.2011 · 14:50 · 1 min
Romania Jan-Oct Current Account Deficit Narrows To EUR4.1B
Macroeconomics

Romania Jan-Oct Current Account Deficit Narrows To EUR4.1B

Romania's current account deficit narrowed 9.5% to EUR4.097 billion in January to October, from a gap of EUR4.53 billion in the year-earlier period, due mainly to shrinking trade deficit, ce...

Bogdan Neagu · 13.12.2011 · 11:26 · 1 min
BNR: Romania 10-Month FDI Halved To EUR1.3B
Macroeconomics

BNR: Romania 10-Month FDI Halved To EUR1.3B

Romanian foreign direct investment, or FDI, fell 43.8% on the year to EUR1.31 billion in the first ten months, the central bank said Tuesday.

Bogdan Neagu · 13.12.2011 · 11:25 · 1 min
BNR's Largest Cash Boost In Almost 2 Years: RON7.63B In 7-Day Repo
Banks-Insurance

BNR's Largest Cash Boost In Almost 2 Years: RON7.63B In 7-Day Repo

Romanian central bank Monday injected 7.63 billion lei (EUR1.7 billion) into the market in a one week repurchase agreement operation at an interest rate of 6% a year, equal to the monetary p...

Florentina Dragu · 12.12.2011 · 13:34 · 1 min
Lending Demand Triples In October
Banks-Insurance

Lending Demand Triples In October

Loan demand rebounded spectacularly in October, with the number of credit reports issued by the Central Credit Register (CRB) of the BNR almost tripling against preceding months, to 305,000...

Loredana Frățilă-Cristescu · 07.12.2011 · 00:00 · 1 min
BNR Calls Austrians To Check Their Lending Plans In The Region
Banks-Insurance

BNR Calls Austrians To Check Their Lending Plans In The Region

The Austrian authorities have to clarify the lending terms they will introduce for the large Austrian-held banks in Romania.

Loredana Frățilă-Cristescu · 07.12.2011 · 00:00 · 2 min
Banks-Insurance

BNR Lends RON2.38B In 7-Day Repo

The Romanian central bank Monday pumped 2.38 billion lei (EUR546 million) into the market in a one week repurchase agreement operation at an interest rate of 6% a year, equal to the monetary...

Florentina Dragu · 05.12.2011 · 13:28 · 1 min
Bridge Bank To Get Money From Guarantee Fund's Private Resources
Banks-Insurance

Bridge Bank To Get Money From Guarantee Fund's Private Resources

The private resources of the FGDB, a fund guaranteeing bank deposits, will be used to finance the bridge-bank, while public funds will only be used in the form of a loan granted by the Finan...

Andrei Cîrchelan · 03.12.2011 · 00:00 · 1 min
BNR: Romania Forex Reserves Fall To EUR31.7B In November
Banks-Insurance

BNR: Romania Forex Reserves Fall To EUR31.7B In November

Romanian foreign exchange reserves fell to EUR31.74 billion in November from EUR32.2 billion a month earlier, central bank data showed Friday.

Florentina Dragu · 02.12.2011 · 14:48 · 1 min