07.13.2023

Razvan Filcescu has been officially approved by Romania’s central bank to take over the role of Vice-President responsible for coordinating all business activities of First Bank. more

07.03.2023

Romania's foreign exchange reserves stood at EUR53.4 billion in June 2023, higher by EUR335 million versus May 2023, central bank data showed on Monday (June 3). more

06.28.2023

Romania's central bank reported a profit of RON1.08 billion for 2022, lower by 46.3% than the level reported in 2021. more

05.25.2023

Private lending in Romania grew by nearly 9% in nominal terms (-2.2% in real terms) in April 2023 versus April 2022 to RON369.9 billion, as local currency lending increased by 1.6% (-8.6% in real more

05.15.2023

Romania's current account balance posted a deficit of EUR5 billion in January-March 2023, lower by 7.8% than EUR5.42 billion in the same period of 2022, central bank data showed on Monday (May 15, more

05.10.2023

Romania's central bank has decided at its board meeting on Wednesday (May 10, 2023) to keep its benchmark interest rate on hold at 7% a year. more

05.02.2023

Romania's foreign exchange reserves stood at EUR53.3 billion in April 2023, higher by EUR112 million versus March 2023, central bank data showed on Tuesday (May 2). more

04.28.2023

Private lending in Romania grew by 10.2% in nominal terms (-3.8% in real terms) in March 2023 versus March 2022 to RON370.4 billion, as local currency lending increased by 2.7% (-10.3% in real terms) more

04.26.2023

Romania and the Republic of Moldova share a rich cultural heritage, the same language, and a long history of mutual support and cooperation. These common roots provide a solid foundation for the more

04.04.2023

Romania's central bank has decided at its board meeting on Tuesday (April 4) to keep its benchmark interest rate on hold at 7% a year. more

04.03.2023

Romania's foreign exchange reserves stood at EUR53.2 billion in March 2023, higher by EUR1.22 billion versus February 2023, central bank data showed on Monday (April 3). more

03.23.2023

Deposits of non-government resident customers grew by 1.7% in February 2023 up to RON522 billion versus January 2023, and by 8.5% (down 6.1% in real terms) versus February 2022, in line with central more

03.01.2023

Romania's foreign exchange reserves stood at EUR52 billion on February 28, 2023, higher by EUR1.8 billion versus January 2023, central bank data showed Wednesday (March 1). more

02.22.2023

Romania's economic growth will slow down significantly in 2023, but will revive in 2024 more than previously anticipated, according to the minutes of the monetary policy meeting of the Board of more

02.15.2023

Romania's central bank revised downwards its inflation forecast for end-2023 to 7% from its previous December projection of 11.2%, central bank governor Mugur Isarescu said on Wednesday (Feb 15) at a more

02.09.2023

Romania's central bank has decided at its board meeting on Thursday (February 9), its second monetary policy meeting of 2023, to keep its benchmark interest rate on hold at 7% a year. more

01.13.2023

The net flow of foreign direct investment (FDI) stood at EUR10.2 billion in January-November 2022, Romania’s central bank said in its latest statement. more

01.10.2023

Romania's central bank has decided at its board meeting on Tuesday (January 10), its first monetary policy meeting of 2023, to raise its benchmark interest rate by 0.25% percentage points to 7% a year more

01.06.2023

One of the positive pieces of news at the end of 2022, with a relevant contribution for Romania’s macroeconomic and financial stability in 2023, is that the country’s international reserves more

12.20.2022

The net flow of foreign direct investment (FDI) stood at EUR9.4 billion in the first ten months of 2022, in line with data from Romania’s central bank. more

11.14.2022

Romania's central bank revised upwards its 2022 year-end inflation forecast to 16.3%, from its previous August forecast of 13.9%, central bank governor Mugur Isarescu said Monday (Nov 14) at a press more

11.08.2022

Romania's central bank has decided at its board meeting on Tuesday (November 8), its eighth and last monetary policy meeting of 2022, to raise its benchmark interest rate by 0.50% to 6.75% a year from more

10.20.2022

Romania's annual inflation rate will continue to increase until the end of 2022, thus rising above the values ​​estimated for the short term in the latest medium-term forecast, according to the more

10.07.2022

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, grew slightly to 7.96% a year on Friday more

10.05.2022

Romania's central bank has decided at its board meeting on Wednesday (October 5) to raise its benchmark interest rate by 0.75% percentage points to 6.25% a year from the current rate of 5.5% a year, more