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Romania Private Lending Stays On Downward Trend In March
Macroeconomics

Romania Private Lending Stays On Downward Trend In March

The lending activity in Romania is still on a downward trend, with demand for loans showing no sign for recovery, despite many signs of improving economic environment.

Bogdan Neagu · 25.04.2014 · 12:45 · 1 min
BNR Lends RON2B To Six Banks In Second Repo Of April
Banks-Insurance

BNR Lends RON2B To Six Banks In Second Repo Of April

Romania's central bank (BNR) Wednesday lent 2.03 billion lei (EUR447 million) to six commercial banks via a seven-day repurchasing agreement operation at an annual interest rate of 3.5%, equ...

Bogdan Neagu · 23.04.2014 · 14:56 · 1 min
Foreign Investments Rise 35.6% To EUR282M In January-February
Macroeconomics

Foreign Investments Rise 35.6% To EUR282M In January-February

Romanian foreign direct investment, or FDI, rose 35.6% on the year to EUR282 million in the first two months of the year, the central bank said Friday.

Florentina Dragu · 11.04.2014 · 11:33 · 1 min
Romania Posts EUR102M Current Account Deficit In January-February
Macroeconomics

Romania Posts EUR102M Current Account Deficit In January-February

Romania's current account balance posted a deficit of EUR102 million in the first two months of 2014, versus surplus in the year-earlier period, due to wider income and trade deficits, centr...

Florentina Dragu · 11.04.2014 · 11:24 · 1 min
Romania Forex Reserves Down To EUR31.3B In March
Banks-Insurance

Romania Forex Reserves Down To EUR31.3B In March

Romanian foreign exchange reserves fell to EUR31.27 billion in March, from EUR31.65 billion a month earlier, central bank data showed Tuesday.

Florentina Dragu · 01.04.2014 · 14:03 · 1 min
Romania Central Bank Leaves Key Rate Unchanged At 3.5%
Banks-Insurance

Romania Central Bank Leaves Key Rate Unchanged At 3.5%

Romania’s central bank left its key rate unchanged at a record low of 3.5% Friday, ending an eight-month long monetary easing cycle, amid higher inflationary pressures.

Florentina Dragu · 28.03.2014 · 16:23 · 2 min
BNR Has Doubts Over Proposed Cap On Credit, Debit Card Fees
Banks-Insurance

BNR Has Doubts Over Proposed Cap On Credit, Debit Card Fees

The Romanian central bank is doubting that capping interchange fees for card payments will translate into lower shelf prices of consumer goods, considering the population’s increased appetit...

Florentina Dragu · 26.03.2014 · 14:14 · 1 min
BNR: Romania Private Lending Extends Decline In February
Banks-Insurance

BNR: Romania Private Lending Extends Decline In February

The lending activity in Romania settled on a downward slope, as demand for loans was scrimpy in the second month of the year, despite interest rate reductions in recent months.

Bogdan Neagu · 25.03.2014 · 11:29 · 1 min
Foreign Investment Up 8% To EUR244M In January, BNR Data Shows
Macroeconomics

Foreign Investment Up 8% To EUR244M In January, BNR Data Shows

Romanian foreign direct investment, or FDI, rose 8% on the year to 244 million euro in January, the central bank (BNR) said Monday.

Bogdan Neagu · 17.03.2014 · 12:03 · 1 min