Romanians started to pay their debts on loans


The total value of overdue loans in RON of the population and companies, registered in May 2016 amounts to RON 8.215 billion, down by 6.5 percent from the amount reported in April, while the arrears on loans in foreign currency ...

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BNR’s profit, down by 30 pc in 2015 y-o-y


National Bank of Romania (BNR) made a profit of RON 783.45 million in 2015, down by 30 percent compared to 2014, when the central bank reported a profit of RON 1.12 billion, the annual report published on the institution’s website ...

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Brexit would affect Romania less than countries in the region


Romania will withstand shocks better than most of the countries in Central and Eastern Europe (CEE), if Brexit will happen, risk aversion of investors in short-term going to reach a maximum deterioration of 5 percent, correlated with RON’s temporary depreciation ...

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How much have foreign banks withdrawn from Romania?

foreign banks

Foreign banks have withdrawn EUR 13 billion of credit lines granted to local subsidiaries in eight years, which have reached a level of EUR 9 billion at the end of March, ie over twice less than at the beginning of ...

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Romania gets EUR 300 M from EIB in co-financing environmental projects


The European Investment Bank (EIB) is lending EUR 300 million to Romania to support environment sector projects under the Operational Programme Large Infrastructure during the 2014-2020 EU programming period, a press release informs. “The EIB loan will co-finance priority projects ...

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BNR official: Romania has an unsustainable economic growth

Adrian Vasilescu

The GDP growth in Romania is unsustainable because it’s not seen in the pockets of the population, Adrian Vasilescu, advisor for strategy with the National Bank of Romania (BNR) stated on Thursday, during a banking seminar, mentioning that the statement ...

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Banking assets valuation in Romania, scheduled for next year, BNR announced


National Bank of Romania (BNR) will start next year the “comprehensive” assessment process of the banking system assets, based on the European methodology – European Banking Authority (EBA), according to a decision of the Board of Directors, Governor Mugur Isarescu ...

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South Korea, the only non-EU market where Romanian exports increased

romanian exports

Out of the top 10 outside EU target markets, South Korea was the only one that registered an increase of Romanian exports, an EximBank press release informs on Monday. According to the official data, in 2015, the total volume of ...

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