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Survey: Bank And NBFI Loans Not A Priority For Companies
Loans from banks or non-bank financial institutions are the least likely sources of funding local companies consider, which prefer to either reinvest their profit, sell assets or turn to loa...
Romania Private Lending Grows 0.2% on Month in February
Private lending in Romania grew 0.2% (declined 0.1% in real terms) in February compared with January, to RON233.32 billion, central bank data showed Friday.
Three-Month ROBOR Continues Upward Trend
The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, rose to 2.05% on Thursday, from 2.03% a day before, according to central bank data.
Romania Central Bank Officially Opposes OTP Bank’s Intention To Buy Banca Romaneasca
Romania's central bank officially announced on Thursday it opposes OTP Bank Romania’s intention to buy lender Banca Romaneasca, the local division of National Bank of Greece (NBG) Group.
A 4% ROBOR Would Significantly Affect Repayment Capability Of 57% Of Companies In Romania
Local companies are not ready to cope with interest raises and more than half of the companies with ongoing leu and euro loans will be significantly affected by a potential increase of the l...
Romania’s Central Bank Calls Romanian Experts Working In Financial Institutions Abroad Back Home
Romania’s central bank will introduce a program to bring back the Romanian experts working in financial institutions abroad back home, after some of the Romanian economists abroad signaled t...
BNR Spokesman: Central Bank To Curb Lending When It Reaches Alert Threshold
Lending has reached a warning threshold and when it reaches an alert threshold, the central bank will impose measures to curb it, Romanian central bank spokesman Dan Suciu said on Friday.
BNR: Romania’s Total External Debt Rose By EUR2.05B In January-July 2017
Romania’s total external debt increased by EUR2.05 billion in January-July 2017 and its long-term debt reached EUR69.5 billion on July 31, 2017 (73.6% of the total external debt), up 0.8% co...
UniCredit: Romanian Central Bank To Keep Key Rate At 1.75% In Its Next Rate-Set Policy Meeting
UniCredit on Monday said it expects Romania’s central bank to leave its benchmark interest rate unchanged at 1.75% a year, within this week’s rate-set policy meeting.