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BNR Revises Down Romania's 2011 FDI To EUR1.8B
Macroeconomics

BNR Revises Down Romania's 2011 FDI To EUR1.8B

Romania’s central bank revised downward foreign direct investment data for 2011 to EUR1.8 billion, compared with EUR2.22 billion in the previous year.

Neagu Bogdan Mircea · 27.09.2012 · 12:03 · 1 min
BNR: Overdue Loans Inch Higher In August
Banks-Insurance

BNR: Overdue Loans Inch Higher In August

Romanian overdue private loans inched up 0.8% on the month to 27 billion lei (EUR5.97 billion) in August, equal to 11.7% of the total lending, central bank data showed Wednesday.

Florentina Dragu · 26.09.2012 · 16:39 · 1 min
Analysts: Romania Central Bank To Keep Main Rates Unchanged Thursday
Banks-Insurance

Analysts: Romania Central Bank To Keep Main Rates Unchanged Thursday

Romania’s central bank is likely to leave its key rate unchanged at a historic low of 5.25% for a fourth straight time at its monetary policy meeting due September 27, banking analysts said...

Florentina Dragu · 25.09.2012 · 17:17 · 1 min
BNR: Private Lending Falls To RON227.9B In August
Macroeconomics

BNR: Private Lending Falls To RON227.9B In August

Romanian private lending fell 2.1% to 227.93 billion lei (EUR50.4 billion) in August, from RON231.5 billion a month earlier, central bank data showed Tuesday.

Florentina Dragu · 25.09.2012 · 11:51 · 1 min
BNR Injects RON12B Into Market
Banks-Insurance

BNR Injects RON12B Into Market

Romania's central bank Monday pumped 12.08 billion lei (EUR2.67 billion) to the money market via a one-week repurchase agreement operation, at an interest rate of 5.25% a year, equal to the...

Florentina Dragu · 24.09.2012 · 13:10 · 1 min
Central Bank Displeased With Loan Rescheduling Outcome
Macroeconomics

Central Bank Displeased With Loan Rescheduling Outcome

Loan rescheduling for individuals who are late on their installment payments has not been “satisfactory’ in terms of results, according to Romania’s central bank, as the share of rescheduled...

Ecaterina Craciun · 24.09.2012 · 00:00 · 2 min
BNR May Limit Foreign Lending To SMEs
Banks-Insurance

BNR May Limit Foreign Lending To SMEs

Romania’s central bank may extend the scope of its recently introduced foreign lending regulations to cover a wider range of debtors exposed to exchange rate fluctuations, including small- a...

Florentina Dragu · 18.09.2012 · 18:26 · 1 min
BNR Pumps RON9B Into Market
Banks-Insurance

BNR Pumps RON9B Into Market

Romania's central bank Monday added 8.89 billion lei (EUR1.9 billion) to the money market via a one-week repurchase agreement operation, at an interest rate of 5.25% a year, equal to the mon...

Florentina Dragu · 17.09.2012 · 13:09 · 1 min
Isarescu: BNR Was Excessively Benevolent To Foreign-Held Banks
Banks-Insurance

Isarescu: BNR Was Excessively Benevolent To Foreign-Held Banks

Romanian central bank governor Mugur Isarescu admitted on Tuesday that the central bank only saw the positive side of the lending boom during the years of high growth and had an “excessively...

Tudor Ioana Raluca · 12.09.2012 · 00:00 · 1 min