OLTEANU
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BNR Deputy Gov: Rates On Leu-Denominated Loans To Further Decline
Interest rates on leu-denominated loans are expected to continue their decline in the coming months, provided the economic fundamentals remain unchanged, Romanian central bank’s deputy gover...
Olteanu, BNR: Average Household Financing Costs Fell Below 10% In October
The average cost of credit in Romania has dropped below 10% for households and below 8% for corporate customers over the past month, central bank deputy governor Bogdan Olteanu said Friday.
Olteanu: Romania Should Encourage Savings To Pare Down Deleveraging
The lending resources of Romanian banks can be increased by implementing policies to reduce the budget deficit and encourage savings, a central bank official said Wednesday.
Romania Must Rely On Foreign Investment To Speed Up Growth - Central Banker
Romania must to rely on foreign investment to speed up economic growth and narrow the gap with the EU average, as domestic investment is insufficient for a swift recovery, a central bank off...
BNR's Olteanu: Romania Central Bank Has Moral, Legal Duty To Buy Gold At Best Price
The Romanian central bank has a “moral and legal duty” to purchase gold at the best market price and any future acquisition will me made according to the highest standards, deputy governor B...
Olteanu, BNR: Banks Should Rethink Financing Policies
Romanian banks should rethink their financing policies and focus on new resources, considering that parent banks are cutting funding to their subsidiaries, central bank deputy governor Bogda...
BNR Sees Lower Rates For Leu Loans In Next Months
Bank interest rates on Romanian leu-denominated loans are likely to enter a downward path in the coming months, but consumer confidence remains the main drive for lending growth, central ban...
Central Bank Deputy Governor Becomes President Of Commercial Arbitration Court
Bogdan Olteanu, deputy governor of the Romanian central bank, took over at the end of January as president of the Court of International Commercial Arbitration attached to Romania’s Chamber...
Central Bank Bound To Lose Popularity Once Economy Recovers
Romania's central bank will resume acting as a brake on potential economic overheating once the economy recovers, deputy governor Bogdan Olteanu said Wednesday.