bnr
182 articole · RSS
Erste: Romania Central Bank Likely To Keep Key Rate At Record Low Of 1.75% Until 4Q/2016
The fiscal relaxation and the economic growth may cause Romania’s central bank to increase its main monetary policy rate in the fourth quarter of 2016, according to analysts of Austria’s Ers...
Adrian Vasilescu, BNR: Greek Shareholders Interference On Local Banks Severely Restricted By Central Bank Rules
The four local banks controlled by Greek financial groups are under the regulations of the Romanian central bank, which can take action in case of interference from shareholders, while their...
BNR: We’ll Intervene If Greece Introduces Capital Controls
Tension is mounting on the Romanian financial market, too, as Greek banks control 12% of the local banking assets, now that the crisis in Athens has reached that point where capital controls...
BNR Cuts Key Rate To Record Low 1.75%; Leu Requirements Also Lowered
Romania’s central bank on Wednesday surprisingly lowered its main monetary policy rate by 25 basis points to a new record low of 1.75%, the seventh rate cut in the current reduction cycle st...
Romanian Banking Association, BNR Agree On Solutions For Swiss Franc Loans
The central bank, banks and the Romanian Banking Association (ARB) on Thursday agreed on measures for loans in Swiss francs, such as maintaining the monthly installment in local currency at...
Ernst&Young To Audit Romania Central Bank’s Financial Statements For RON1M
Ernst&Young Assurance Services won a contract of 1 million lei (EUR227,000), VAT included, whereby it will audit the annual financial statements of Romania’s central bank BNR, for the 2014-...
Isarescu: Alcohol And Tobacco Prices Will Go Down Next Year, But Gasoline Will Be More Expensive
Romania’s central bank governor Mugur Isarescu said Thursday that tobacco and alcohol prices will decline in 2015, because the calendar for the alignment of excise duties has already been fu...
Fifth BNR Board After 1989 Starts Term With Euro Adoption As Main Goal
The five-year term of the current Board of Directors of Romania’s central bank (BNR) is coming to an end, so a new board comprising new and already existing members will take over next week...
Banks In Romania Rush To Slash Deposit Interest Rates
Several banks in Romania, inclusively some of those paying interest rates above the market average, have rushed to adjust interests offered to depositors as soon as the central bank cut the...