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Anca Dragu Voted Governor Of Republic Of Moldova’s Central Bank
Banks-Insurance

Anca Dragu Voted Governor Of Republic Of Moldova’s Central Bank

Former finance minister and former Senate speaker in Romania Anca Dragu has been appointed governor of the National Bank of the Republic of Moldova. The decision was voted by 58 deputies, as...

Loredana Frățilă-Cristescu · 22.12.2023 · 22:56 · 1 min
Romania's Central Bank Authorizes Non-Banking Financial Institution Launched By ROCA Agri RDF
Companies

Romania's Central Bank Authorizes Non-Banking Financial Institution Launched By ROCA Agri RDF

ROCA Agri RDF, the agricultural holding company launched by ROCA Investments, announces that Romania's central bank has authorized the functioning of AGRO IFN, a Non-Banking Financial Instit...

Ecaterina Craciun · 14.12.2023 · 23:37 · 1 min
Romanian Central Bank's Financial Stability Report Shows Intensified Global Economic And Geopolitical Uncertainties
Banks-Insurance

Romanian Central Bank's Financial Stability Report Shows Intensified Global Economic And Geopolitical Uncertainties

Romania's central bank has published the Financial Stability Report, the December 2023 edition, which shows that the main systemic risks to financial stability have remained the same since t...

Ecaterina Craciun · 13.12.2023 · 22:20 · 4 min
Romania's Central Bank Greenlights Maria Rousseva's Appointment As CEO Of BRD
Banks-Insurance

Romania's Central Bank Greenlights Maria Rousseva's Appointment As CEO Of BRD

The National Bank of Romania approved the appointment of Maria Rousseva for the position of Chief Executive Officer (CEO) of BRD-Groupe Societe Generale, for a four-year term, in line with a...

Ecaterina Craciun · 22.11.2023 · 17:31 · 1 min
Romania's Current Account Deficit Shrinks To EUR16B YoY In January-September 2023
Macroeconomics

Romania's Current Account Deficit Shrinks To EUR16B YoY In January-September 2023

Romania's current account balance posted a deficit of EUR16.05 billion in January-September 2023, lower by 24% than the EUR21.14 billion level reported in the same period of 2022, central ba...

Ecaterina Craciun · 13.11.2023 · 19:45 · 2 min
Romania's Central Bank Keeps 7.5% Inflation Forecast For End-2023
Macroeconomics

Romania's Central Bank Keeps 7.5% Inflation Forecast For End-2023

Romania's central bank has kept its inflation forecast at 7.5% for the end of 2023, according to the Quarterly Inflation Report presented by central bank governor Mugur Isarescu on Friday (N...

Ecaterina Craciun · 10.11.2023 · 19:42 · 2 min
Romanian Central Bank Further Holds Benchmark Rate At 7%
Banks-Insurance

Romanian Central Bank Further Holds Benchmark Rate At 7%

Romania's central bank has decided at its board meeting on Wednesday (November 8, 2023) to keep its benchmark interest rate on hold at 7%.

Ecaterina Craciun · 08.11.2023 · 17:19 · 3 min
Romania's Current Account Deficit Shrinks To EUR13.7B YoY In January-August 2023
Macroeconomics

Romania's Current Account Deficit Shrinks To EUR13.7B YoY In January-August 2023

Romania's current account balance posted a deficit of EUR13.7 billion in January-August 2023, lower than the EUR18.5 billion level reported in the same period of 2022, central bank data show...

Ecaterina Craciun · 13.10.2023 · 23:41 · 2 min
Banks-Insurance

Romania Forex Reserves Surge To EUR59.23B On Month In September 2023

Romania's foreign exchange reserves stood at EUR59.23 billion in September 2023, higher by EUR5.3 billion versus August 2023, after Romania had received a tranche of the National Recovery an...

Ecaterina Craciun · 02.10.2023 · 19:36 · 1 min