BCR card system, temporary halted on the night of Sunday to Monday to implement a series of upgrades


The Romanian Commercial Bank (BCR) will conduct, during the night of Sunday to Monday, October 30-31, an upgrading of the card system in order to improve performance, a press release from the bank informs. “Therefore, during October 30, 2016, 22:00h ...

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BNR Governor tells the bankers: Be benevolent! You must show willingness


Banks need to invest in staff’s training, need to pay special attention to the employees at the counter, who are in direct contact with the customers, to give up arrogance and show benevolence towards the clients, National Bank Governor Mugur ...

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Greek money, good for Romanian banks


English-language Kathimerini argues that the capital from Greek banks last year has boosted the deposits in Romania and Bulgaria, as Grexit fears. Moreover, capital controls, the political uncertainty and the 23-day bank shutdown led many small and medium-sized enterprises to ...

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‘LeulRomânesc’ mobile app launched by BNR

bnr reserves

The National Bank of Romania has launched on Tuesday ‘LeulRomânesc’, a mobile app designed to help online users gain a better knowledge of the Romanian banknotes and coins, a central bank release informs. The LeulRomânesc, interactive application includes the security ...

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USD 15 bn invested by WB in 25 years of presence in Romania


In 1991, the World Bank Group opened its resident office in Bucharest and this November the international financial institution will celebrate 25 years of continued presence on the domestic market, after Romania joined WB in 1972. “What an honor for ...

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Household deposits in domestic currency recorded a significant increase of over 10 pc last month


Deposits of non-government resident customers added RON 33.8 million month-on-month to RON 258,529.6 million in September 2016, National Bank of Romania (BNR) announced on Tuesday, a press release informs. At the same time, RON-denominated household deposits increased by 0.2 percent ...

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Romanian banks, under ANAF’s eye


The National Agency for Fiscal Administration (ANAF) began the inspections on banks, finding many problems with “major consequences”, Ionut Misa, General Director of Large Tax Office said in a press conference on Friday, agerpres.ro informs. ANAF focuses also on the ...

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Fitch upgrades BCR’s VR and affirms long-term IDRs for another 4 Romanian banks


Fitch Ratings has affirmed the long-term Issuer Default Ratings (IDRs) of BRD Groupe Societe Generale (BRD) at ‘BBB+’, Banca Comerciala Romana (BCR) and UniCredit Bank at ‘BBB’, and Banca Transilvania (BT) at ‘BB’. The Outlooks on BCR, BRD and BT’s ...

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