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Central Bank Pumps RON12.1B Into Market
Banks-Insurance

Central Bank Pumps RON12.1B Into Market

Romania's central bank Monday added 12.08 billion lei (EUR4.6 billion) to the money market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the mone...

Florentina Dragu · 30.07.2012 · 13:14 · 1 min
BNR: Overdue Loans Up 1.7% To RON25.2B In June
Banks-Insurance

BNR: Overdue Loans Up 1.7% To RON25.2B In June

Romanian overdue private loans rose 1.7% on the month to 25.15 billion lei (EUR5.44 billion) in June, equal to 10.95% of the total lending, central bank data showed Wednesday.

Florentina Dragu · 25.07.2012 · 15:10 · 1 min
Banks-Insurance

Burden Of Euro Loans Becomes Unbearable For The New Exchange Rate Level

Romanians are stifled by euro loans, cut consumption, while companies count their losses. The depreciation of the leu by 7.4% against the euro this year increases the bills of the population...

Radu Bostan · 25.07.2012 · 00:00 · 4 min
BNR: Private Lending Inched Down To RON227.08B In June
Banks-Insurance

BNR: Private Lending Inched Down To RON227.08B In June

Romanian private lending edged down to 227.08 billion lei (EUR49.3 billion) in June, from RON227.09 billion a month earlier, central bank data showed Tuesday.

Florentina Dragu · 24.07.2012 · 11:07 · 1 min
Banks-Insurance

BNR Injects RON8.15B Into Market

Romania's central bank Monday added 8.15 billion lei (EUR1.77 billion) to the money market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the mone...

Florentina Dragu · 23.07.2012 · 13:46 · 1 min
Head Of BNR Supervision: Most Banking Business Models Pursue Big Interest Margins
Banks-Insurance

Head Of BNR Supervision: Most Banking Business Models Pursue Big Interest Margins

Banks are keeping deposit interest rates high, in a bid to replace sources of external funding with liquidity from the local market, but this can lead to poor resource management, as well as...

Radu Bostan · 19.07.2012 · 00:00 · 3 min
Banks-Insurance

BNR Pumps RON8.2B Into Market

Romania's central bank Monday injected 8.21 billion lei (EUR1.8 billion) into the market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the moneta...

Florentina Dragu · 16.07.2012 · 14:32 · 1 min
Foreign Direct Investment Falls To EUR465M In January-May
Macroeconomics

Foreign Direct Investment Falls To EUR465M In January-May

Romanian foreign direct investment, or FDI, fell 45.2% on the year to EUR465 billion in January through May, central bank data showed Friday.

Florentina Dragu · 13.07.2012 · 11:00 · 1 min
BNR: Current Account Gap Narrows To EUR1.92B In January-May
Macroeconomics

BNR: Current Account Gap Narrows To EUR1.92B In January-May

Romania's current account deficit narrowed to EUR1.92 billion in the first five months, from a gap of EUR2.46 billion a year earlier, largely due to a higher current transfer surplus, centra...

Florentina Dragu · 13.07.2012 · 10:54 · 1 min