bnr
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BNR's Net Profit Fell To RON1.4 Billion In 2010
Romania’s central bank BNR posted a net profit of 1.41 billion lei (EUR334 million) in 2010, compared to RON4.6 billion in 2009, on lower interest revenue, according to the bank’s annual rep...
Isarescu: Target2 Brings Romania Closer To Euro Adoption
Romania has taken yet another step toward implementing the European single currency by officially joining the EU’s Target2 real-time gross settlement system, central bank governor Mugur Isar...
Isarescu Warns Bankers That A World Full Of Restrictions And Rules Will Follow
Central bank governor Mugur Isarescu on Thursday for the first time publicly warned bankers that a long period of restrictions would follow in the banking business, more specifically as far...
After Monday’s Peak, The Euro Lost Ground
The exchange rate fluctuations over the past week, with the leu losing over 2% against the euro, broke the relative stability to which bankers, as well as clients with foreign currency loans...
Bankers On BNR's New Restrictions: We Need Low Interests On Leu Loans, Not Regulations
The current anomalies of the retail lending market have been generated by regulations imposed by the National Bank of Romania, or BNR, at some point, as solutions to certain situations, but...
Greek-Owned Banks Are Solid - BNR Deputy Governor
Romanian banks with Greek shareholders are solid and they can cope with the Greek crisis, which makes them attractive for investors, but the parent companies aren’t showing any intention to...
Isarescu: Who Had Cash To Buy 1 Bln Euros?
Governor Mugur Isarescu questioned the accuracy of ING Bank’s calculations which indicate the central bank has sold EUR1 billion in May to keep the exchange rate stable.
BNR Keeps An Eye On Greek-Owned Banks, No Help Needed - Supervisory Chief
Greek-held local banks are not affected by the problems faced by their shareholders in their countries of origin, where customers are moving their deposits abroad, and they have sufficient l...
If Necessary, BNR Could Use Greek Banks' Properties As Loan Guarantees
The Romanian central bank, or BNR, has tools to intervene if crisis scenarios prompted by the situation in Greece become a reality on the Romanian banking market, starting from the bilateral...