ISARESCU
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Central Bank Governor Tells Senators How ROBOR Index Works
The money market interest rate known as ROBOR was not manipulated, central bank governor Mugur Isarescu told members of the Senate's budget and finance committees at a hearing Tuesday.
Isarescu: Numbers Don’t Show Romania’s Banking System Is The Most Profitable
Romanian central bank governor Mugur Isarescu on Monday said the profits of banks in Romania are not as big as they are publicly presented or higher than the profits of banks operating in ot...
Isarescu: Euro Area Not Cozy for Economies with Lagging Competitiveness
The euro area is not a cozy place for economies with lagging competitiveness or rigid markets and euro adoption involves a permanent commitment, Romanian central bank governor Mugur Isarescu...
Isarescu: Annual Inflation Rate To Keep Downward Trend, To Drop To Around 3.5%
Romania's central bank governor Mugur Isarescu on Tuesday said the annual inflation rate will keep its downward trend in the coming period.
Central Bank Governor: Romania Needs Comprehensive Vision for Euro Adoption
Romania's euro accession must be approached from a wider perspective, beyond comparisons with the accession rate of other countries in the region, central bank governor Mugur Isarescu said T...
Negritoiu, Former ING Romania CEO: I Can See Now Why Governor Isarescu Had To Do Something In 2008
Ten years after the crisis, Misu Negritoiu, then chief executive officer of ING Romania, said on ZF Live he “understood” the decisions of Romania’s central bank governor Mugur Isarescu at th...
Isarescu To Banks: Create Another Market, Grant Loans To Companies. Retail Can No Longer Fuel Growth
The lending model of the banks in Romania, which focuses on retail and real estate, limits “healthy, durable and balanced” growth of lending, considering all the signs pointing towards an ov...
Isarescu: Central Bank Posted 50% Higher Profit, Of RON186.7M, On Year In 2017
The Romanian central bank BNR reported a profit of RON186.7 million in 2017, up 50% compared with 2016, central bank governor Mugur Isarescu said Friday.
Romanian Central Bank Governor Might Retire in 2019
Romanian central bank governor Mugur Isarescu might retire in 2019 upon expiry of his term at the central bank and reaching the retirement age of 70 but Parliament will ultimately decide, he...