CENTRAL BANK
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Romania Central Bank: Class Actions Against Banks Won’t Undermine Financial Stability
Romania’s central bank has notified the Justice Ministry of its conclusions regarding an impact study of potential collective lawsuits against commercial lenders, which shows the financial s...
Romania Forex Reserves Fall To EUR32.2B In August
Romanian foreign exchange reserves fell to EUR32.17 billion in August, from EUR33.35 billion a month earlier, central bank data showed Monday.
BNR: Parent Banks Withdrew EUR5B In Eighteen Months
The deleveraging process of foreign banks in Romania is not done yet and will become even worse because parent banks are asking for their money back, says Nicolae Cinteza, head of the Superv...
BNR: Romania Private Lending Falls To RON221.4B In July
Romanian private lending inched down 0.9% in real terms to 221.43 billion lei (EUR50.3 billion) in July, from roughly RON224.2 billion a month earlier, central bank data showed Monday.
BNR Lends Just RON7M At Its Weekly Repo
Romania's central bank Monday lent 7 million lei (EUR1.6 million) to a local commercial bank via its weekly seven-day repurchasing agreement operation at an annual interest rate of 4.5%, equ...
Investments Keep Falling: FDI Down 19% To Just EUR666M In First Half
Romanian foreign direct investment, or FDI, fell 19% to EUR666 million in the first six months, from RON826 million in the year-ago period, the central bank said Monday.
Romania Posts EUR695M Current Account Surplus In January-June
Romania's current account balance posted a surplus of EUR695 million in the first six months versus a deficit of EUR2.78 billion in the year-ago period, central bank data showed Monday.
BNR's Popa: Parent Banks To Continue Deleveraging
Foreign banks have increased their funding withdrawal in Romania, but deleveraging remains disciplined, an official of the central bank said Wednesday.
BNR Revises Down Romania's Inflation Forecast To 3.1% In 2013, 2014
Romania’s central bank has revised slightly downward its inflation forecast for 2013 to 3.1% from 3.2% previously, governor Mugur Isarescu said Wednesday.