Romania to pay EUR 1.26 bn to EU and WB in 2017


Romania has to pay over EUR 1.26 billion in 2017 to the European Union (EU) and the World Bank (WB) as part of the stand-by loan contracted in 2009, according to Ministry of Public Finance (MFP) data sent to agerpres.ro. ...

Read More »

Household deposits in domestic currency, up by 10.8 pc at end-October


At end-October 2016, RON-denominated household deposits increased by 0.6 percent to RON 97,654.9 million. At end-October 2016, household deposits in domestic currency rose by 10.8 percent (11.3 percent in real terms) year-on-year, National Bank of Romania (BNR) shows on Thursday. ...

Read More »

CEC Bank, RON 14 bn absorption of EU funds in 10 years


In ten years since Romania is an EU member, CEC Bank has contributed to draw RON 14 billion from European funds available to the country, Radu Ghetea, President CEC Bank, said on Wednesday, agerpres.ro informs. In this context, the financial ...

Read More »

ANAF has chosen the winners of the contract for online taxes payment


The National Agency for Fiscal Administration (ANAF) has assigned to three banks – Banca Transilvania, BCR and Garanti Bank – the contract on acquisition of accepting online payments of taxes, fees, contributions and other amounts to the general consolidated budget. ...

Read More »

ING to hire 250 IT specialists in Romania


ING extends the hub global software in Romania and plans to increase its capacity to over 500 IT experts in the next two years who will develop software solutions at ING Group, part of the convergence process to a single ...

Read More »

USD reaches historic high of RON 4.22 at the official exchange rate


The exchange offices of several commercial banks display an USD exchange rate of RON 4.3 for the first time, following the official National Bank of Romania (BNR) exchange rate announced on Wednesday of RON 4.22, a historical high. Currency market ...

Read More »

Banca Transilvania doubled its net profit in the first nine months of 2016


Banca Transilvania (BT)’s net profit amounted to RON 657 million after the third quarter of this year, up by 110 percent compared to the same period of 2015, a press release informs. At Group level, the operating income reached RON ...

Read More »

Romania’s current account deficit, significant increase of 142 pc at end-Q3. FDIs up to EUR 3.143bn

The balance-of-payments current account posted a deficit of EUR 2,661 million in the first nine months of this year, up by 142 percent, compared with EUR 1,099 million in January – September 2015, National Bank of Romania (BNR) data reveal ...

Read More »