CENTRAL BANK
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Isarescu: Central Bank Posted 50% Higher Profit, Of RON186.7M, On Year In 2017
The Romanian central bank BNR reported a profit of RON186.7 million in 2017, up 50% compared with 2016, central bank governor Mugur Isarescu said Friday.
Romania Private Lending Grows 0.3% on Month in May
Romanian private lending grew 0.3% (declined 0.2% in real terms) in May compared with April, to RON239.12 billion, central bank data showed Monday.
Central Bank Has Not Drafted Plans to Limit Debt Rates, Official Says
The draft proposal seeking to lower debt degrees to 35-50% of a loan applicant's income is not the work of the central bank, deputy governor Liviu Voinea said Thursday.
Central Bank Gov: Loan Non-Payment Risk Is Main Threat to Financial Stability
Loan non-payment risks are the greatest threat to Romania's financial stability, central bank governor Mugur Isarescu said Thursday at the presentation of the central bank's report on financ...
Romania Forex Reserves Fall To EUR33.12B In May
Romania's foreign exchange reserves fell to EUR33.12 billion end-May 2018, from EUR33.53 billion at the end of April, central bank data showed Monday.
Central Bank Approves Appointment Of Leontin Toderici As CEO Of Bancpost
Leontin Toderici has received the approval of Romania’s central bank to take over as Chief Executive Officer of Bancpost, which was recently bought by Banca Transilvania.
Romania's Current Account Deficit Widens to EUR967M in 1Q/2018
Romania's current account balance posted a deficit of EUR967 million in the first quarter compared with a deficit of EUR770 million in the first quarter of 2017, central bank data showed Mon...
Romanian Central Bank Governor Might Retire in 2019
Romanian central bank governor Mugur Isarescu might retire in 2019 upon expiry of his term at the central bank and reaching the retirement age of 70 but Parliament will ultimately decide, he...
Romania Central Bank Raises 2018 Inflation Forecast to 3.6% from 3.5%
Romania's central bank on Wednesday raised its year-end inflation forecast to 3.6% from a previous projection of 3.5% but kept its end-2019 inflation forecast at 3%.