5 ian 2016

Most analysts expect Romania’s central bank (BNR) to keep the key rate at the all-time low of 1.75% this year, but signs of economy overheating and inflation returning to positive territory might more

28 dec 2015

The currency in circulation, which contributes directly to the development of the informal economy, rose to an all-time high of 45.5 billion (EUR10 billion) in November, an increase of 17% on the more

22 dec 2015

Banks granted 53.5 billion lei (EUR11.9 billion) worth of new leu, euro and US dollar-denominated loans to consumers and companies in the first ten months of the year. New leu-denominated loans more

16 dec 2015

Agriculture is the only sector that had borrowed more money by the end of October compared with October last year (a 2% increase in loans taken), while the rest of the sectors (industry, services, more

11 dec 2015

BCR, BRD, Banca Transilvania, Raiffeisen and CEC Bank, some of the largest lenders in Romania whose websites show information about foreclosed homes, are looking for buyers for about 3,700 such more

19 nov 2015

Foreign banks lowered exposure to the Romanian economy by $5.6 billion in the past year (July 2014-June 2015) in one of the biggest deleveraging moves in Eastern Europe. more

12 nov 2015

Banks sold 11 billion lei (EUR2.5 billion) in consumer loans in the first nine months, the highest level in the past six years. Sales of leu-denominated consumer loans were RON3 billion higher than in more

4 nov 2015

BCR, BRD and CEC Bank are the top three banks in Romania by size of ATM networks, accounting for 40% of the total number of such machines in the country. more

15 oct 2015

Local banks had about EUR5.3 billion in medium and long-term deposits made by foreign clients, mostly support from parent banks, at the end of August, an increase of EUR100 million on the previous more

14 oct 2015

Individual customers took out 2.2 billion lei (EUR498 million) new loans in August, RON700 million more than in August 2014. more

7 oct 2015

BCR Leasing, a top ten company on the financial leasing market, will vote in stockholders’ meeting November 4 on whether to reduce the company’s share capital through diminishing the face value of more

28 sep 2015

Cluj, Timis and Constanta were the counties with the highest volume of deposits made by individuals and companies with banks at the end of August, while Giurgiu, Mehedinti and Calarasi recorded the more

24 sep 2015

Analysts with ING Bank Romania, the local unit of Dutch-registered ING Bank NV, expect a high-value repurchasing agreement operation next week, without making an estimate on the actual amount. more

22 sep 2015

Four Romanian and Swedish entrepreneurs launched Monday Lendia online platform for customized loan offers on the local market targeting natural persons. more

21 sep 2015

Romania’s central bank (BNR) encourages the consolidation of the local banking system because the number of existing lenders is too high for the business the economy, companies and individuals can more

15 sep 2015

Romania has two high earners in the banking business, who make more than EUR1 million a year, one of whom working on a top management position and the other in investment banking, according to the more

8 sep 2015

The number of people who are more than 30 days behind on their payments on loans taken out from banks and non-bank financial institutions reached about 717,400 at the end of July, 9% higher than the more

4 sep 2015

Volksbank Romania will dissolve its asset management unit Volksbank Services, operating on the non-banking sector, according to a decision published on the Official Gazette. more

3 sep 2015

The Romanian factoring market reached at EUR1.5 billion (nearly 6.7 billion) in the first semester, up 38% or EUR400 million compared with the same period in 2014, on the backdrop of domesticfactoring more

2 sep 2015

Individual customers took out 2.6 billion lei (EUR586 million) new leu-denominated loans in July, RON800 million more than in the year-ago month, while companies borrowed RON1.9 billion worth (EUR430 more

31 aug 2015

Loans granted to companies and individuals by non-banking financial institutions (NBFIs) included in the central bank's general registry reached RON28 billion (EUR6.3 billion) at the end of June 2015, more

17 aug 2015

Credit Agricole Romania, the local subsidiary of French banking group Credit Agricole, approved in stockholders’ meeting the mandate extension of Pierre Martin as vice-president with the bank’s more

17 aug 2015

Alpha Bank, ranking 8th in the Romanian banking system, closed down three of its units in Resita, Miercurea Ciuc and Arad, as part of territorial optimization plans. more

17 aug 2015

Non-residents’ medium and long-term deposits, which are mostly a form of support from parent banks abroad, stood at EUR5.4 billion (24 billion lei equivalent) at the end of June, down EUR500 million more

14 aug 2015

The three largest banks in Romania posted decline in interest income in the first half and the ranking by assets remained unchanged even after the completion of the deal between Banca Transilvania and more