07.19.2012

Banks are keeping deposit interest rates high, in a bid to replace sources of external funding with liquidity from the local market, but this can lead to poor resource management, as well as to loss more

07.16.2012

Romania's central bank Monday injected 8.21 billion lei (EUR1.8 billion) into the market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the monetary policy more

07.13.2012

Romanian foreign direct investment, or FDI, fell 45.2% on the year to EUR465 billion in January through May, central bank data showed Friday. more

07.13.2012

Romania's current account deficit narrowed to EUR1.92 billion in the first five months, from a gap of EUR2.46 billion a year earlier, largely due to a higher current transfer surplus, central bank more

07.13.2012

Mugur Isarescu, the governor of the National Bank of Romania (BNR), on Thursday was very reluctant to comment the situation on the local political scene, which is keeping the leu under pressure and more

07.09.2012

Romania's central bank Monday injected 13.64 billion lei (EUR3 billion) into the market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the monetary policy more

07.02.2012

Romania's central bank Monday injected 11.97 billion lei (EUR2.7 billion) into the market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the monetary policy more

07.02.2012

Romanian foreign exchange reserves fell to EUR32.96 billion in June, from EUR33.52 billion a month earlier, central bank data showed Monday. more

06.29.2012

Romanian overdue private loans rose 3.6% on the month to 24.72 billion lei (EUR5.55 billion) in May, equal to 10.8% of the total lending, central bank data showed. more

06.27.2012

The Romanian central bank maintained a prudent stance Wednesday and left its key rate unchanged at a record low of 5.25% a year, in line with market expectations. more

06.27.2012

Romanian private lending inched up 0.9% in real terms to 227.09 billion lei (EUR50.85 billion) in May from a month earlier, central bank data showed Wednesday. more

06.25.2012

The Romanian central bank is likely to leave its key rate unchanged at a historic low of 5.25% for a second straight time at its monetary policy meeting due June 27, banking analysts said Monday. more

06.25.2012

Romania's central bank Monday added a record 13.85 billion lei (EUR3.1 billion) to the market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the monetary more

06.18.2012

Romania's central bank (BNR) Monday pumped 11.95 billion lei (EUR2.67 billion) into the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the monetary more

06.15.2012

Romanian foreign direct investment, or FDI, fell to EUR446 million in the first four months of 2012 from EUR490 million in the same period a year ago, the central bank said Friday. more

06.15.2012

Romania's current account deficit narrowed to EUR1.23 billion in the first four months from EUR1.61 billion in the same period of 2011, due mainly to the increase in the current transfers’ surplus, more

06.11.2012

Romania's central bank (BNR) Monday pumped 11.5 billion lei (EUR2.58 billion) into the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the monetary more

06.05.2012

Romania's central bank Tuesday injected a record 12.1 billion lei (EUR2.7 billion) into the market in a six-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the more

06.01.2012

Romanian foreign exchange reserves fell to EUR33.5 billion in May from EUR34.3 billion a month earlier, central bank data showed Friday. more

05.31.2012

Romania is exposed to the risk of contagion with the Greek banking market, including through the over EUR4 billion financing lines with Greek banks, which can become uncertain, but the Romanian more

05.28.2012

Romanian overdue private loans rose 3.27% on the month to 23.86 billion lei (EUR5.12 billion) in April, equal to 10.5% of the total lending, central bank data showed Monday. more

05.28.2012

Romania's central bank Monday injected 8.07 billion lei (EUR1.8 billion) into the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the monetary policy more

05.28.2012

Romanian banks sell as few leu-denominated loans that they will not even cover the repayments made by customers, therefore the volume of loans in local currency has gone down by RON1 billion since the more

05.25.2012

Romanian private lending inched up 0.1% in real terms to 224.7 billion lei (EUR50.3 billion) in April from a month earlier, central bank data showed Friday. more

05.24.2012

Greek-held banks in Romania have a solvency ratio that is two percentage points above the banking system average, their obligations are well covered in cash and government paper and the shareholders more