CENTRAL BANK
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BNR Lends RON1.14B To 3 Local Banks
The Romanian central bank Monday lent 1.14 billion lei (EUR262 million) to three local banks in a seven-day repurchase agreement operation at an interest rate of 6% a year, equal to the mone...
Romania Is Unlikely To Introduce A Special Bank Levy – Raiffeisen
The introduction of a special bank levy in Romania is unlikely, since the “influential” central bank opposes such a measure, according to a Raiffeisen report on Central and Eastern European...
Romania Overdue Loan Payments Up 31% On Year To RON19.2B In September
Romanian overdue payments on loans worth at least 20,000 lei (around EUR4,600) rose to RON19.23 billion in September, 31% higher on the year, central bank data showed Monday.
BNR Revises Down Romania's 2010 FDI To EUR2.2B
Romania’s central bank Monday revised downward foreign direct investment data for 2010 to EUR2.22 billion, compared with EUR3.5 billion in the previous year.
BNR Lends RON406.7M To Local Banks In 7-Day Repo
The Romanian central bank Monday lent 409.5 million lei (EUR94 million) to two local banks in a seven-day repurchase agreement operation at an interest rate of 6% a year, equal to the moneta...
Romania Will Have Restructuring Fund To Stabilize Ailing Banks
Romania’s central bank has prepared the legislation enabling Romania to have a bank restructuring fund, whose resources will be possible to use to finance the measures taken to stabilize a t...
Bankers Cut Price Of Euro Loans Ahead Of BNR Restrictions
September came with cheaper retail loans in euro, that is exactly those loans targeted by the central bank (BNR) restrictions, while loans in lei became 0.5% more expensive.
Analysts React To BNR's Rate Cut Decision: Too Little, Too Late
The central bank’s decision to cut its main interest rate by a quarter-point to 6% comes rather late and its effects on bank lending might pass unnoticed, analysts said.
BNR Cuts Key Rate To Boost Lending
Romania’s central bank Wednesday lowered its main interest rate by a quarter of a point to 6% a year, the first cut in the last year and a half, in a move to boost bank lending and energize...