03.23.2021

Romania's nuclear power producer Nuclearelectrica (SNN.RO) said Tuesday in a market report it has deposited RON151 million with CEC Bank for one year at a negotiated interest of 1.75% a year. more

03.09.2021

The interbank market ended February with cash surplus again and banks that were left with lei on their hands at the end of some days used the overnight deposit facility provided by Romania’s central more

01.28.2021

The loan volume was lower than the savings consumers and companies kept in banks in 2020, as the loan growth rate slowed down, and the speed of deposits is more than double the increase in loans. more

06.25.2020

Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) said Thursday it has deposited nearly RON52 million for a one-year period at Romanian state-owned bank Eximbank. more

11.18.2019

Non-residents’ long-term deposits shrank by about EUR800 million to EUR630 million in the first nine months of 2019, 56% lower than in December 2018. Non-residents deposits in September were a more

09.23.2019

The long-term deposits made by non-residents in local banks, which are mostly lines of funding from shareholders, continued to shrink even faster, so they reached a low of EUR660 milion seven months more

05.29.2018

Almost 36,000 Romanians had more than EUR100,000 in the bank at the end of 2017 or 39.6 billion lei (EUR8.5 billion), which is RON3 billion more than at the end of 2016, according to a report of more

05.09.2018

The raise of the key rate three times this year to 2.5% and the upward inflation trend are not pressuring bankers to raise deposit interests. Some large banks are keeping interests for leu deposits at more

04.13.2018

The annual inflation rate reached 5% in March, the highest rate in the past six years. It went up by 0.3% compared with February, according to the National Statistics Institute data. more

02.14.2018

Bankers are in no hurry to raise the interests of leu deposits despite Romania’s central bank having raised the key rate twice this year and inflation becoming more and more pressing. more

01.24.2018

Companies and consumers increased their savings in banks from 274 billion lei (EUR59 billion) at the end of 2016 to RON303 billion in 2017, while the loan volume was slower to rise, going from RON220 more

11.23.2017

The long-term deposits of non-residents in local banks, which mostly account for financing from their shareholders, saw a slight increase in September compared with July and August, ending the first more

01.25.2017

A number of 27,435 individuals had deposits of more than EUR100,000 worth a total of 28.2 billion lei (EUR6.3 billion) last year, the latest 2016 data of the Bank Deposit Guarantee Fund show. more

11.15.2016

Non-residents’ long-term deposits in local banks, mostly lines of credit from shareholders, stood at EUR4 billion in September, down about EUR1 billion on the year-ago month and half the 2011 peak. more

10.17.2016

New deposits in domestic currency made by individual customers of banks in Romania stood at 136 billion lei (EUR30 billion) in January-August, down 7.4% on the year-ago period, according to the more

01.11.2016

Individual customers made 6.4 billion lei (EUR1.41 billion) deposits with local banks in November, the lowest level of leu-denominated monthly savings since December 2008, Romania’s central bank more

10.15.2015

Local banks had about EUR5.3 billion in medium and long-term deposits made by foreign clients, mostly support from parent banks, at the end of August, an increase of EUR100 million on the previous more

09.28.2015

Cluj, Timis and Constanta were the counties with the highest volume of deposits made by individuals and companies with banks at the end of August, while Giurgiu, Mehedinti and Calarasi recorded the more

08.17.2015

Non-residents’ medium and long-term deposits, which are mostly a form of support from parent banks abroad, stood at EUR5.4 billion (24 billion lei equivalent) at the end of June, down EUR500 million more

06.30.2015

The loan to deposit ratio, one of the indicators of the lending potential of the banking system, reached 93% at the end of May, the highest this year, driven by the resurgence of loan sales and the more

06.25.2015

Five of the top ten banks in Romania are now offering less than 1% interest per annum for one-month deposits, while the one-year deposits get 0.7% to 2.7%. The abundant supply of cash on the market more

05.25.2015

The highest interest for a 12-month deposit currently stands at 3.4% and is offered by TBI Bank, a small player in Romania’s banking system. Second highest interest comes from Piraeus, 3.15%, more

03.18.2015

Non-residents, mostly financial groups, had EUR5.7 billion placed in medium and long-term deposits at Romanian banks at the end of January, about EUR800 million less than in the same period a year more

11.05.2014

Romania’s central bank on Tuesday cut the key rate again, to 2.75%, in another attempt to encourage lending. Governor Mugur Isarescu urges banks to get close to their customers and not expect them more

10.09.2014

Companies keep 84 billion lei (EUR19 billion) in banks, having increased their deposits by 8% in the past year, even though interest rates are below 2%, which clearly shows how little appetite they more