03.19.2024

On March 19, the closing event of the twinning project financed by the European Union “Consolidation of supervision, corporate governance and risk management in the financial sector” took place in more

03.19.2024

Patria Bank (stock symbol: PBK) has informed investors in a stock market report on March 18 that Romania's National Bank approved the appointment of Grigore-Valentin Vancea to the position of Chief more

03.01.2024

Romania's foreign exchange reserves stood at EUR63.12 billion at end-February 2024, compared to EUR61.41 billion on January 31, 2024, central bank data showed on Friday (March 1, 2024). more

02.28.2024

The optimism regarding the economic evolution in Central Europe is growing, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey, as the share of respondents who more

02.26.2024

Romania's central bank predicts a more pronounced acceleration of the country's economic growth in 2024 and 2025 than in previous forecasts, amid a slowdown in inflation and the recovery of external more

02.13.2024

Romania's central bank has decided at its Board meeting on Tuesday (February 13, 2024) to keep its key interest rate unchanged at 7% a year, being the bank's ninth consecutive rate freeze. more

02.09.2024

Romania’s banking system hit a record high profit of RON13.7 billion in 2023, up nearly 34% from 2022, in line with preliminary data from the country's central bank. more

02.01.2024

Romania's foreign exchange reserves stood at EUR61.4 billion on January 31, 2024, compared to EUR59.7 billion on December 31, 2023, central bank data showed on Thursday (February 1). more

01.12.2024

The annual inflation rate posted a faster-than-expected decrease in the first two months of Q4/2023, falling to 6.72% in November, from 8.83% in September, amid the continued slowdown in the growth more

01.12.2024

Romania's central bank has decided at its board meeting on Friday (January 12, 2023) to keep its benchmark interest rate on hold at 7% a year, being the bank's eighth consecutive rate freeze. more

01.03.2024

Romania's foreign exchange reserves stood at EUR59.7 billion on December 31, 2023, up 1.48% from EUR58.8 billion on November 30, 2023 and up 28.1% from EUR46.6 billion on December 31, 2022, central more

12.22.2023

Former finance minister and former Senate speaker in Romania Anca Dragu has been appointed governor of the National Bank of the Republic of Moldova. The decision was voted by 58 deputies, as more

12.14.2023

ROCA Agri RDF, the agricultural holding company launched by ROCA Investments, announces that Romania's central bank has authorized the functioning of AGRO IFN, a Non-Banking Financial Institution more

12.13.2023

Romania's central bank has published the Financial Stability Report, the December 2023 edition, which shows that the main systemic risks to financial stability have remained the same since the more

11.24.2023

Redbee Software, DRUID and Questo are the Romanian technology companies included in the main category of the Deloitte 2023 Central Europe Technology Fast 50 ranking of the fastest growing tech more

11.22.2023

The National Bank of Romania approved the appointment of Maria Rousseva for the position of Chief Executive Officer (CEO) of BRD-Groupe Societe Generale, for a four-year term, in line with a report more

11.13.2023

Romania's current account balance posted a deficit of EUR16.05 billion in January-September 2023, lower by 24% than the EUR21.14 billion level reported in the same period of 2022, central bank data more

11.10.2023

Romania's central bank has kept its inflation forecast at 7.5% for the end of 2023, according to the Quarterly Inflation Report presented by central bank governor Mugur Isarescu on Friday (November more

11.08.2023

Romania's central bank has decided at its board meeting on Wednesday (November 8, 2023) to keep its benchmark interest rate on hold at 7%. more

10.13.2023

Romania's current account balance posted a deficit of EUR13.7 billion in January-August 2023, lower than the EUR18.5 billion level reported in the same period of 2022, central bank data showed on more

10.05.2023

Romania's central bank has decided at its board meeting on Wednesday (October 5, 2023) to keep its benchmark interest rate on hold at 7% a year. more

10.02.2023

Romania's foreign exchange reserves stood at EUR59.23 billion in September 2023, higher by EUR5.3 billion versus August 2023, after Romania had received a tranche of the National Recovery and more

09.27.2023

Most Central and Eastern European (CEE) countries have had a free market economy for only 30 years; as the region’s economies are relatively young, the pursuit of profit remains a central priority more

09.13.2023

Romania's current account balance posted a deficit of EUR11.89 billion in January-July 2023, lower than the EUR15.2 billion level reported in the same period of 2022, central bank data showed on more

09.01.2023

Romania's foreign exchange reserves stood at EUR53.90 billion at the end of August 2023, close to the EUR53.93 billion level reported at the end of July 2023, central bank data showed on Friday more