01.05.2012

The rate cut announced Thursday by Romania’s central bank will not be felt in the loan interest rates applied by banks, since the measure does not improve liquidity in the system and the market more

01.05.2012

Romania’s central bank Thursday lowered its main interest rate by 25 basis points to 5.75% a year, the second cut in a row, in a move to boost bank lending and support economic recovery. more

01.04.2012

Romania's central bank (BNR) Wednesday pumped 524 million lei (EUR121.3 million) into the market in a five-day repurchase agreement operation at an interest rate of 6% a year, equal to the monetary more

01.03.2012

Romanian foreign exchange reserves rose by almost EUR1.5 billion in December, to EUR33.19 billion, following inflows from the European Commission and a third tranche of a World Bank loan, central bank more

12.28.2011

Romanian overdue private loans rose 2.8% on the month to 21.9 billion lei (EUR5.1 billion) in November, equal to 9.7% of the total lending, central bank data showed Wednesday. more

12.27.2011

Romania's private lending rose 0.8% in real terms to 223.8 billion lei (EUR52.15 billion) in November from a month earlier, central bank data showed Tuesday. more

12.22.2011

Italy’s UniCredit estimates Romanian annual inflation rate will reach 4.5% in December 2012, outside the central bank’s target range of 2%-4%, because of a negative effect of food prices. more

12.22.2011

The Romanian central bank (BNR) will leave unchanged its minimum reserve requirements imposed on commercial lenders over the next months to fend off inflationary risks and possible pressures on the more

12.22.2011

Romanian banks are about to start reporting according to the international standards, which will heavily test their IT systems and administrative resources. more

12.19.2011

Romania's central bank (BNR) Monday pumped 3.25 billion lei (EUR0.75 billion) into the market in an eight-day repurchase agreement operation at an interest rate of 6% a year, equal to the monetary more

12.13.2011

Romanian foreign direct investment, or FDI, fell 43.8% on the year to EUR1.31 billion in the first ten months, the central bank said Tuesday. more

12.13.2011

Romania's current account deficit narrowed 9.5% to EUR4.097 billion in January to October, from a gap of EUR4.53 billion in the year-earlier period, due mainly to shrinking trade deficit, central bank more

12.12.2011

Romanian central bank Monday injected 7.63 billion lei (EUR1.7 billion) into the market in a one week repurchase agreement operation at an interest rate of 6% a year, equal to the monetary policy more

12.07.2011

The Austrian authorities have to clarify the lending terms they will introduce for the large Austrian-held banks in Romania. more

12.07.2011

Loan demand rebounded spectacularly in October, with the number of credit reports issued by the Central Credit Register (CRB) of the BNR almost tripling against preceding months, to 305,000 queries. more

12.05.2011

The Romanian central bank Monday pumped 2.38 billion lei (EUR546 million) into the market in a one week repurchase agreement operation at an interest rate of 6% a year, equal to the monetary policy more

12.03.2011

The private resources of the FGDB, a fund guaranteeing bank deposits, will be used to finance the bridge-bank, while public funds will only be used in the form of a loan granted by the Finance more

12.02.2011

Romanian foreign exchange reserves fell to EUR31.74 billion in November from EUR32.2 billion a month earlier, central bank data showed Friday. more

11.28.2011

Romanian central bank Monday pumped 1.65 billion lei (EUR380 million) into the market in a one week repurchase agreement operation at an interest rate of 6% a year, equal to the monetary policy rate. more

11.25.2011

Romanian overdue private loans rose 3.13% on the month to 21.3 billion lei (EUR4.88 billion) in October, equal to 9.58% of the total lending, central bank data showed Friday. more

11.24.2011

Foreign banks are not likely to lower their exposure to Romania, as large part of the existing financing is included in the share capital of their local subsidiaries and cannot be withdrawn, a central more

11.24.2011

Romanian private lending fell 0.8% in real terms to 221.03 billion lei (EUR50.7 billion) in October from a month earlier, central bank data showed Thursday. more

11.23.2011

Romanian central bank doesn’t see the year 2015 as a fixed deadline for the euro adoption, because the date might change, depending on the country’s ability to fulfill the required criteria and on more

11.22.2011

Erste Group, UniCredit Bank Austria, and Raiffeisen Bank International-- the respective owners of Romanian lenders BCR, UniCredit Tiriac Bank and Raiffeisen Bank Romania--will only increase lending in more

11.21.2011

Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 605.17 million lei (EUR138.7 million) in October, up 36.6% on the month, central bank data showed Monday. more