11.15.2011

Foreign direct investment, or FDI, fell 54.1% on the year to EUR1.17 billion in the first nine months, the Romanian central bank said Tuesday. more

11.15.2011

Romania's current account deficit narrowed 10.8% to EUR3.79 billion in the first nine months, from a gap of EUR4.25 billion in the year-earlier period, due mainly to shrinking trade deficit and higher more

11.14.2011

The Romanian central bank Monday lent 1.14 billion lei (EUR262 million) to three local banks in a seven-day repurchase agreement operation at an interest rate of 6% a year, equal to the monetary more

11.08.2011

The introduction of a special bank levy in Romania is unlikely, since the “influential” central bank opposes such a measure, according to a Raiffeisen report on Central and Eastern European more

11.07.2011

Romanian overdue payments on loans worth at least 20,000 lei (around EUR4,600) rose to RON19.23 billion in September, 31% higher on the year, central bank data showed Monday. more

11.07.2011

Romania’s central bank Monday revised downward foreign direct investment data for 2010 to EUR2.22 billion, compared with EUR3.5 billion in the previous year. more

11.07.2011

The Romanian central bank Monday lent 409.5 million lei (EUR94 million) to two local banks in a seven-day repurchase agreement operation at an interest rate of 6% a year, equal to the monetary policy more

11.07.2011

Romania’s central bank has prepared the legislation enabling Romania to have a bank restructuring fund, whose resources will be possible to use to finance the measures taken to stabilize a troubled more

11.03.2011

September came with cheaper retail loans in euro, that is exactly those loans targeted by the central bank (BNR) restrictions, while loans in lei became 0.5% more expensive. more

11.02.2011

The central bank’s decision to cut its main interest rate by a quarter-point to 6% comes rather late and its effects on bank lending might pass unnoticed, analysts said. more

11.02.2011

Romania’s central bank Wednesday lowered its main interest rate by a quarter of a point to 6% a year, the first cut in the last year and a half, in a move to boost bank lending and energize economic more

11.01.2011

The higher capital outflows on the backdrop of the international financial turmoil are primarily responsible for Romania’s declining foreign currency reserves in October, a central bank official more

11.01.2011

Romanian foreign exchange reserves fell to EUR32.19 billion in October from EUR33.62 billion a month earlier, central bank data showed Tuesday. more

11.01.2011

Banks in Romania will require a down payment of at least 25% for mortgage loans in euro and 40% for mortgage loans in other currencies, if the client’s incomes is not expressed and indexed in the more

10.31.2011

Romanian central bank Monday lent 406.7 million lei (EUR94 million) to two local banks in a seven-day repurchase agreement operation at an interest rate of 6.25% a year, equal to the monetary policy more

10.31.2011

The National Bank of Romania (BNR) is to complete and approve the regulations of the operation of a new financial institution on the local market - the so-called bridge bank, which should be able to more

10.27.2011

The market has plenty to chew on now that the EU leaders have announced a new set of measures to tackle the lingering sovereign debt crisis, but there might be some concern over the efficiency of the more

10.26.2011

Romanian overdue private loans edged up 2.37% on the month to 20.66 billion lei (EUR4.77 billion) in September, from roughly RON20.2 billion a month earlier, central bank data showed Wednesday. more

10.25.2011

Private lending rose 2.7% in real terms to 221.4 billion lei (EUR51.21 billion) in September compared to August, central bank data showed Tuesday. more

10.24.2011

The Romanian central bank Monday lent 225 million lei (EUR52 million) to a local bank in a seven-day repurchase agreement operation at an interest rate of 6.25% a year, equal to the monetary policy more

10.20.2011

The Romanian leu has lost some ground against the euro in the past months, as investors are reluctant to bet on risky assets, but the national currency fell at a slower pace compared to its neighbors, more

10.20.2011

Romania benefited from annual capital inflows of around EUR16 billion on average between 2004 and 2008, but the global financial crisis took a big chunk out which is not coming back, a central bank more

10.17.2011

Romanian central bank Monday lent 1.09 billion lei (EUR254.4 million) to two local banks in a seven-day repurchase agreement operation at an interest rate of 6.25% a year, equal to the monetary policy more

10.14.2011

Romanian central bank bought foreign treasuries worth 117.8 billion lei (EUR27.9 billion) in the first eight months, equal to roughly 76% of the overall international reserves. more

10.13.2011

Romanian foreign direct investment, or FDI, fell 52% to EUR1.12 billion in the first eight months, from around EUR2.35 billion in the year-earlier period, the central bank said Thursday. more