CENTRAL BANK
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Central Bank Governor Says ROBOR Rate Unconnected to Bank Tax
Romania's central bank governor Mugur Isarescu said Tuesday after the bank's monetary policy meeting the recent drop in interbank interest rates has nothing to do with the tax on bank assets...
Romanian Central Bank Keeps key Rate Unchanged at 2.5% a Year
Romania's central bank on Tuesday kept its benchmark interest rate on hold at 2.5% at its first monetary policy meeting this year, the bank said in a statement.
Romania Forex Reserves Grow to EUR33.065B in 2018
Romania's foreign exchange reserves grew to EUR33.065 billion at the end of December 2018, from EUR32.531 billion end-November, central bank data showed Thursday.
Romania Private Lending Grows 0.4% on Month in November
Romanian private lending grew 0.4% (0.6% in real terms) in November compared with October, to RON250.71 billion, central bank data showed Friday.
Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a re...
Romania's Current Account Deficit Balloons to EUR7.99B in Jan-Oct
Romania's current account balance posted a deficit of EUR7.99 billion in January-October, nearly 52% higher compared with a deficit of EUR5.267 billion in the same period last year, central...
Romania Private Lending Grows 0.8% on Month in October
Romanian private lending grew 0.8% (0.3% in real terms) in October compared with September, to RON249.62 billion, central bank data showed Monday.
Romanian Banking System NPL Rate Drops to 5.56% end-September
The non-performing loan rate in Romania's banking system stood at 5.56% at the end of the third quarter of 2018, down 15 basis points compared with the second quarter, central bank data show...
Romania Current Account Deficit Widens to EUR6.619B in Jan-Sept
Romania's current account balance posted a deficit of EUR6.619 billion in January-September, compared with a deficit of EUR4.779 billion in the same period last year, central bank data showe...