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New record RON/EUR exchange rate – RON 4.6551/euro

exchange rate

The national currency hit the slightest quote against the euro on Tuesday, the rate announced by the National Bank of Romania (BNR) was RON 4.6551/euro, up by 0.18 percent compared to the Monday value of RON 4.6469/euro. The previous record ...

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Banks have relaxed mortgage lending standards, tightening those for consumption

banks

The credit institutions have relaxed the lending standards in the third quarter of this year for mortgage loans and tightened those for consumption, National Bank of Romania (BNR) report reads. ”The monetary policy or prudential policy decisions of the National ...

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3-month ROBOR Index jumps to 2.18pc on Friday

robor index

The 3-month ROBOR Index, the average interest rate on which Romanian banks borrow from each other, has reached on Friday the level of 2.18%, up from 2.09% the day before, the National Bank of Romania (BNR) informs. The level is ...

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EUR 35 M from WB for the Ploiesti-Brasov motorway

motorway

The government adopted a memorandum on Wednesday by which it gives its agreement for a loan from the World Bank (WB) for the financing of preliminary activities for the construction of the Ploiesti-Brasov highway, a press release informs. The loan ...

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3-month ROBOR Index exceeds 2pc threshold to reach 2.06pc

robor index

The 3-month ROBOR Index, the average interest rate on which Romanian banks borrow from each other, has reached on Wednesday the level of 2.06%, the National Bank of Romania (BNR) informs. The same value was reached on November 7, 2013. ...

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OTP Bank Romania announces the financial results for Q3 2017

otp bank romania

OTP Group announced the financial results for the third quarter of 2017 on Tuesday. According to the report published in Budapest, which presents the consolidated result adjusted in accordance with the Group reporting standards, OTP Bank Romania registered an after-tax ...

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BNR monetary policy meeting – economic growth in 2017, up faster than anticipated, to slow down in 2018 and lose momentum in 2019

bnr's profit

According to the minutes of the monetary policy meeting of the National Bank of Romania Board on November 7, 2017 the Board discussed and adopted the monetary policy decision, based on the data and analyses on the recent characteristics and ...

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Romania’s FDI, in a slight increase after nine months, BNR shows

fdi

According to National Bank of Romania (BNR)’s estimates, the non-residents’ direct investment (FDI) in Romania totalled EUR 3,352 million in the first nine months of 2017, compared with EUR 3,307 million in the same period in 2016, of which equity (including ...

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Romanian currency hits historic low against euro – 4.6495

romanian currency

The national currency has reached on Monday the weakest value since 2012 until now against the euro, the exchange rate announced by the National Bank of Romania (BNR) is RON 4.6495 for one euro, up by 0.23 percent compared to ...

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Bancpost’s takeover by Banca Transilvania went straight. The acquisition agreement to be signed at end-November

bancpost

Eurobank and Banca Transilvania have been pursuing exclusive negotiations as regard to the potential sale of Bancpost, ERB Retail Services IFN SA and ERB Leasing IFN S.A in Romania, a press release informs. ”During the last few weeks there has ...

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