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BNR Supervisory Head Says No Withdrawals From Greek Banks
Greek banks, which control 17% of Romanian banking assets, have not withdrawn financing lines from local subsidiaries ahead of time so far, central bank officials said.
S&P Withdraws BNR’s Ratings In Procedural Action
Standard & Poor's has withdrawn its ratings on the National Bank of Romania (BNR, the central bank of Romania), as the purpose for which the rating was initially issued ceased to exist.
S&P Lists BNR Outlook Stable With One Year Delay, Citing Administrative Error
Standard & Poor's Rating Services Thursday said that due to an administrative error the rating outlook on the National Bank of Romania (BNR, the central bank of Romania), which is linked to...
Number Of Active Cards Fell To Lowest Level Since March 2008
The number of active cards in Romania decreased by 619,815 in the first quarter, to 10.58 million, the lowest level since March 2008, although the total value of transactions has grown compa...
BNR Rejects Two Vice-president Nominations Made By Ruling PD-L Party At CEC
The Finance Ministry controlled by PD-L (Democratic Liberal Party) has brought CEC into the undesirable situation of the central bank BNR rejecting two managers nominated by the shareholder.
BNR Becomes Arrears Watchdog: It Has to Monitor and Audit Finance Ministry Pans to Reduce Debt
Romania's central bank is required to monitor and audit the application of the Finance Ministry's strategic plans to reduce arrears incurred by the local authorities and by state-controlled...
Romania FDI Inflow Rises To EUR294M In Jan-Feb
Romanian foreign direct investment, or FDI, rose to EUR294 million in January to February, from EUR140 million in the same period a year earlier, the central bank said Wednesday.
Living Standard Of Romanians On Welfare Won’t Return To ‘08 Level Before 2015 – Ctrl Bker
The standard of living in Romania will grow differently after the country steps out of recession, with first signs of improvement to be seen in the production and export sectors starting thi...
Romania 2010 FDI Down 25% On Year To EUR2.6B
Romanian foreign direct investment, or FDI, fell 25.6% to EUR2.6 billion in 2010, from EUR3.5 billion in the previous year, the central bank said Friday.