EUR breaks RON 4.56 threshold. The weakest RON in four years and a half

Romanian currency

The European currency was Friday quoted by National Bank of Romania (BNR) at RON 4.5654, up by 0.3 percent compared to the exchange rate value announced on Thursday, and peaks last four and a half years. More specifically, the Romanian ...

Read More »

BNR plans to cut NPLs rate to 6 pc


National Bank of Romania (BNR) has set a target of 6 percent for bad loans this year, given that, currently, the percentage is between 9-10 percent, Liviu Voinea, central bank Deputy Governor stated, during a press conference dedicated to the ...

Read More »

Euro hits this year’s high against Romanian currency – RON 4.55/EUR


The European currency was Wednesday quoted by National Bank of Romania (BNR) at RON 4.55, the highest level since the beginning of this year. Thus, RON reached the lowest level in almost four years against EUR. On Tuesday, the euro ...

Read More »

ING Romania’s gross profit, up by 44 pc in 2016, to RON 565 M

ing romania

Local subsidiary of Dutch ING Group recorded a significant increase of gross profit in 2016 at 565 million, up by 44 percent year-on-year, mainly due to the general increase in lending activity and revenue from the Visa Europe shares sale, ...

Read More »