CENTRAL BANK
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BNR Investments Focused Mainly On Government Bonds In 2010
Romania's central bank BNR invested mostly in government bonds in 2010, as its investment policy focused on limiting exposure to private lenders, therefore revenue from administration of the...
Central Bank Reports RON203M Staff Expenditure For 2010
The central bank reported staff expenditure worth a total 202.9 million lei (EUR48 million) in 2010, up 9.1% on the year, even though wages were cut by 25% starting July 1 last year.
BNR's Net Profit Fell To RON1.4 Billion In 2010
Romania’s central bank BNR posted a net profit of 1.41 billion lei (EUR334 million) in 2010, compared to RON4.6 billion in 2009, on lower interest revenue, according to the bank’s annual rep...
Isarescu: Target2 Brings Romania Closer To Euro Adoption
Romania has taken yet another step toward implementing the European single currency by officially joining the EU’s Target2 real-time gross settlement system, central bank governor Mugur Isar...
Central Bank: Forex Reserves Rise To EUR34.4B In June
Romanian foreign exchange reserves rose to EUR34.4 billion in June from EUR32.7 billion a month earlier, central bank data showed Friday.
Romania May Overdue Forex Loans Up 4.7% To RON10.1B
Overdue private loans in foreign currency increased by 4.7% in May, while overdue loans in local currency inched up 0.4%, according to data published by the central bank Wednesday.
Central Bank Keeps Key Rate Unchanged At 6.25%
Romania’s central bank Wednesday left its main interest rate at a record low of 6.25% a year for the ninth straight time.
May Private Lending Up 1.5% On Month To RON207.6B
Private lending rose 1.5% in real terms to 207.6 billion lei (EUR49.29 billion) in May from a month earlier, central bank data showed Tuesday.
JP Morgan: BNR Has The Power To Save Greek Banks. It Won't Be Necessary, Says BNR
Romania's banking system would still be standing even in a worst-case scenario, where Greek banks were so seriously crippled by the financial crisis that they would be forced to give up thei...