ECB
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European Central Bank And Romania’s National Bank Sign MoU For Coordinated Banking Supervision
The European Central Bank (ECB) has signed a Memorandum of Understanding (MoU) with national competent authorities of six EU Member States not part of European banking supervision, Romania’s National Bank announced on Wednesday (Jan 25).
ECB Extends EUR4.5B Repo Line to Romanian Central Bank until March 2022
The European Central Bank and the National Bank of Romania have agreed to extend until March 2022 a framework arrangement to provide liquidity in euros to the Romanian central bank via a rep...
ECB, NBR Agree To Extend Framework Arrangement To Provide Euro Liquidity To BNR, Up To EUR4.5B, Via Repo Line
The European Central Bank (ECB) and the National Bank of Romania (NBR) have agreed to extend the framework arrangement to provide euro liquidity to the NBR via a repo line, in order to addre...
15 Of The 20 Banking Groups With Exposure To Romania Pass ECB Test
The five banks with local operations present on the list of the 25 European groups that failed the European Central Bank's stress and asset quality test manage assets worth above EUR10 billi...
ECB Recommends Romania Central Bank Pay A Lower Profit Tax
The European Central Bank is recommending the Romanian authorities levy the standard 16% flat tax on profit reported by the country’s central bank instead of the 80% rate currently taxed, wh...
ECB: Romania Non-Banking Exposure To Cyprus At EUR100M
The exposure of Romanian individuals and non-financial companies to Cypriot banks reached approximately EUR100 million at the end of 2012, according to data from the European Central Bank.
Romania’s Financing Costs Fall As World Markets Are Flooded With Liquidity
The quantitative easing measures announced by the major central banks in the world had positive effects on the financial markets in September, Romania included.