Home / BUSINESS / FINANCIAL / BANKS (page 3)

BANKS

Garanti Leasing, EBRD sign a EUR 10 M agreement to boost MSMEs’ access to finance

MSMEs

Garanti Leasing, part of Garanti Romania, has signed a loan agreement of EUR 10 million with the European Bank for Reconstruction and Development (EBRD), aiming to broaden access to finance for local micro, small- and medium-sized enterprises (MSMEs), a press ...

Read More »

Foreign exchange reserves down by EUR 1.6bn

BNR

On September 30, 2017, the National Bank of Romania’s foreign exchange reserves stood at EUR 33,320 million, compared to EUR 34,955 million on August 31, 2017, a release from the central bank informs. During the month, the following flows have ...

Read More »

ROBOR at 3 months up by 8.2pc to 1.71pc per annum

robor index

The Romanian Interbank Offered Rate (ROBOR) has continued to grow on Monday, which will lead to higher credit in the national currency, and the National Bank of Romania (BNR) has announced on Monday the level of 1.71% per annum, up ...

Read More »

Romania’s FDI in 2016, higher by EUR 1 bn yoy

Romania’s FDI

Foreign Direct Investment (FDI) net flow in Romania last year stood at EUR 4.51 billion, by more than EUR 1 billion compared to the level of EUR 3.46 billion recorded in 2015, according to National Bank of Romania (BNR), which ...

Read More »

RON loans rates in accelarated growth, as 3-mo ROBOR index hits record high

ROBOR

3-mo ROBOR (Romanian Interbank Offer Rate) index, depending on which the interests of the most RON-denominated loans are calculated, on Thursday increased to 1.57 percent, up from 1.35 percent registered in the previous session. ”ROBOR evolution depends on the liquidity ...

Read More »

Romanians’ savings have increased by 10.2 pc in August yoy

Romanians' savings

Deposits of non-government resident customers increase by 10.2 percent in August year-on-year, up to RON 284.96 billion, National Bank of Romania informs in a press release. In month-on-month comparison, the increase was of 1.6 percent, to RON 284,962.4 million. RON-denominated ...

Read More »