bnr
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Businesspeople: Ziarul Financiar Should Continue To Be The Lion That Watches Over The Economy
Ziarul Financiar on Monday celebrated 15 years since its market launch through two events, one at the Bucharest Bourse and another at the headquarters of the National Bank of Romania, throug...
Central Bank Official: The Plan Is To Cut Minimum Reserves, But Gradually
The Romanian central bank’s current board ought to bring minimum reserve requirements closer to the European level (1% as of 2012) by the time a new board takes over starting next fall, said...
Marinel Burduja To Run Romanian Bank For Loans And Investments
Marinel Burduja will be running the future Romanian Bank for Loans and Investments (currently ATE Bank) as executive president.
Vasilescu, BNR: Decision Of Most Banks To Halt Lending Is Wrong
The decision made by most banks to halt lending citing various reasons is “wrong,” but the central bank is no ministry and therefore cannot tell banks whom they can or cannot finance, Adrian...
Ostahie: Central Bank’s Key Rate Cut Was Good, As It Revived Consumer Lending
The Romanian central bank’s recent cut in its monetary policy rate triggered an increase in loan-based sales of electronics and IT products, one of the sectors that has been affected by the...
BNR At A Loss To Allow Banks To Write Off Bad Loans
Romania’s central bank still has its reservations when it comes to allowing banks to write off bad loans (completely erase the value of non-performing loans), because it doesn’t consider it...
BNR Has Changes In Store For Bankers
Romania’s central bank’s Supervisory Department will change the way it deals with banks this year. Any slippage in risk control, including operational risks, will be much more harshly penali...
BNR Injects RON178.4M Into Market
Romania's central bank Monday injected 178.4 million lei (EUR40.35 million) into the money market via a one-week repurchasing agreement operation, the lowest amount since June 2011.
BNR To Pay Its Employees Based On Job Performance Starting 2014
Starting next year, Romania’s central bank will pay each of its over 1,800 employees based on performance appraisals and not on traditional wage grids, in order to create a generation of you...