Romanian Central Bank Has A Program To Encourage Lending In Lei

02.06.2012 By Ciprian Botea

The three consecutive cuts of the key monetary policy rate from 6.25% to 5.5% made by the central bank since November last year and the constant liquidity boosts through repurchase agreements (lending Romanian lei to banks in exchange for government bonds) are part of a program of stimulating lending in the local currency, says Adrian Vasilescu, advisor to central bank governor Mugur Isarescu.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

 
Keywords:
BNR
, VASILESCU
, LENDING