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Banks-Insurance

Romania March Overdue Loans Up 1.3% On Month To RON17.8B

Romanian overdue private loans rose 1.3% on the month to 17.8 billion lei (EUR4.4 billion) in March, equal to 8.66% of the total lending, central bank data showed Thursday.

Bogdan Neagu · 28.04.2011 · 17:38 · 1 min
Capital Market

BNR Pumps RON404M In 4-Day Repurchase Operation

Romania’s central bank BNR on Thursday injected 403.7 million lei (EUR99.04 million) into the money market in a four days repurchase agreement operation at an interest rate of 6.25% a year,...

Florentina Dragu · 28.04.2011 · 14:00 · 1 min
Macroeconomics

Romania March Private Lending Falls 1.9% On Month To RON204B

Romanian private lending fell 1.9% in real terms to 203.9 billion lei (EUR50.05 billion) in March from a month earlier, and was down 5.3% on the year, central bank data showed Wednesday.

Florentina Dragu · 27.04.2011 · 12:50 · 1 min
Banks-Insurance

Central Bank Bound To Lose Popularity Once Economy Recovers

Romania's central bank will resume acting as a brake on potential economic overheating once the economy recovers, deputy governor Bogdan Olteanu said Wednesday.

Florentina Dragu · 20.04.2011 · 13:50 · 1 min
Macroeconomics

Central Bank To Up 2011 Inflation Forecast As Food, Energy Prices Surge

Romanian central bank will revise upward its year-end inflation forecast, due to higher-than-expected international prices for energy and food items, central bank governor Mugur Isarescu sai...

Florentina Dragu · 07.04.2011 · 14:48 · 2 min
Banks-Insurance

Overnight Deposits At Romania Ctrl Bank Rise To RON14.5B In March

Overnight deposits at Romania’s central bank reached a combined amount of 14.15 billion lei (EUR1=RON4.1147) in March, more than double on the month, central bank data showed Tuesday.

Florentina Dragu · 05.04.2011 · 18:03 · 1 min
Macroeconomics

Romania Central Bank Keeps Key Rate Unchanged At 6.25%

Romania’s central bank Thursday left its main interest rate at a record low of 6.25% a year for a seventh straight time, as expected, but lowered the minimum reserve requirements for foreign...

Florentina Dragu · 31.03.2011 · 18:02 · 2 min