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Banking System Restructuring Not As Thorough As BNR Expected
The head of the National Bank of Romania’s supervisory department, Nicolae Cinteza, made his harshest statements about banks since the onset of the crisis three years ago, saying that with t...
BNR Official: Romanian Banking System Stable, No Need For Bridge Bank In 2012
The Romanian banking system is stable and there will be no need to set up a bridge bank next year, Saturday said Nicolae Cinteza, head of the Supervisory Department of the central bank.
Romanian Central Bank To Advise Lenders To Ease Loan Restructuring
The Romanian central bank (BNR) will recommend lenders to relax loan restructuring conditions for clients that face problems but pay their installments at least partially, said Saturday Nico...
BNR: Bank Payment Refusals Rise To RON605M In October
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 605.17 million lei (EUR138.7 million) in October, up 36.6% on the month, central bank data showed...
BNR Pumps RON6.25B In 7-Day Repo
Romanian central bank Monday injected 6.246 billion lei (EUR1.43 billion) into the market in a one week repurchase agreement operation at an interest rate of 6% a year, equal to the key mone...
The Bridge Bank, An Invention That Could See The Government Spend Money To Save Failed Banks
The bridge bank – the latest concept of financial institution to be launched on the Romanian market – is a lending institution that could appear on the market when the National Bank of Roman...
Central Bank Does Not See Net Capital Outflows, But Considers Risk Of Lending Decline
The National Bank monitors banks’ liquidity and solvency and has so far noticed no net capital outflows, but does not rule out such moves occurring in the future.
BNR Revises Down Romania's 2010 FDI To EUR2.2B
Romania’s central bank Monday revised downward foreign direct investment data for 2010 to EUR2.22 billion, compared with EUR3.5 billion in the previous year.
Romania Will Have Restructuring Fund To Stabilize Ailing Banks
Romania’s central bank has prepared the legislation enabling Romania to have a bank restructuring fund, whose resources will be possible to use to finance the measures taken to stabilize a t...