CENTRAL BANK
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Claudia Pendred Joins Supervisory Board Of Raiffeisen Bank As Independent Member
Claudia Pendred has received the approval of Romania’s central bank for the position of independent member in the Supervisory Board of Raiffeisen Bank.
Romania Central Bank Revises Up Its Annual Inflation Forecast To 7.5% In December 2021
Romania’s central bank has revised upwards its annual inflation forecast expecting a rate of 7.5% in December 2021, higher by 1.9 percentage points than the level anticipated in August, the...
Romania Central Bank Raises Key Rate To 1.75% A Year
Romania's central bank on Tuesday (November 9) raised its benchmark interest rate to 1.75% a year from 1.5% a year, starting November 10, 2021.
Card Payments In Romania Grow 61% To 327 Million By Number And 60% By Value To RON41B In Last Two Years
The number of card payment transactions surged 61% in June 2021 compared to June 2019, up to 327 million, from 203 million in the pre-pandemic year, while the value of transactions grew 60%...
Central Bank Clears Foreign-Held Banks In Romania to Pay Dividends to Stakeholders
Romania’s central bank has cleared banks in Romania, some of which are controlled by foreign financial groups from countries such as Austria, France, Italy, the Netherlands and Greece, to pa...
Romania Central Bank Raises Key Rate To 1.5% From All-Time Low Of 1.25%
Romania's central bank on Tuesday (October 5) raised its benchmark interest rate to 1.5% a year from an all-time low of 1.25% a year.
Central Bank Clears Theodor Stanescu To Run Crédit Agricole Romania
Romania’s central bank has approved the appointment of Theodor Stanescu to the position of general manager of Crédit Agricole Romania, which was acquired by Vista Bank, controlled by Greece’...
Romania Central Bank Expects Higher Economic Growth In 2021 Vs Spring Forecast
Romania’s central bank expects the country’s economy to see a “significantly higher” growth rate in 2021 than the level previously projected, and in 2022, the economic growth is expected to...
Romania’s Annual Inflation Rate Accelerates in July to 5%
Romania’s annual inflation rate sped up in July to 5%, while from June 2021 consumer prices were up 1.0%, in line with data from the country’s statistics board.