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EUR goes beyond the psychological threshold of RON 4.65

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

The National Bank of Romania (BNR) announced an exchange rate of RON 4.6515/euro, RON 3.9133/dollar, RON 3.9525/Swiss franc. Thus, the single currency reaches a new high of the last month, while the gold reaches its highest value since November 29, ...

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Romania has repaid EUR 1.26 bn to EU, WB this year

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

Romania has paid EUR 1.263 billion in 2017 to the European Union and the World Bank from the EUR 19.95 billion stand-by loan contracted in 2009, according to the data released by the Ministry of Public Finances (MFP). The amount ...

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J.C. Flowers takes over Piraeus Bank Romania

Greece's Piraeus Bank to sell its units in Romania, media

Greek Piraeus Group has entered into an agreement with U.S. private investment firm J.C. Flowers & Co. for the sale of its entire shareholding stake in its banking subsidiary in Romania, a press release informs. The transaction amount was not ...

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New notes and coins with Romania’s new coat of arms as of 2018

BNR: There’s no reason to worry about the safety of household and corporate deposits

National Bank of Romania (BNR) will put into circulation notes and coins with the new coat of arms of Romania, as of January 1, 2018, a press release informs The new banknotes will have “1 ianuarie 2018” printed on the ...

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EBRD grants RON 206 M for energy efficiency in Romania’s residential sector

EBRD grants RON 206 M for energy efficiency in Romania’s residential sector

The European Bank for Reconstruction and Development (EBRD) is extending its support for energy efficiency investments in Romania’s residential sector through a loan of up to RON 206 million (EUR 45 million equivalent) to UniCredit Bank Romania SA and UniCredit ...

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EUR 22 M loan from Bank Leumi for AFI Tech Park phase 1 financing

EUR 22 M loan from Bank Leumi for AFI Tech Park phase 1 financing

AFI Europe Romania has signed a financing agreement of EUR 22 million with Bank Leumi Romania for the development of phase 1 of AFI Tech Park, the newest business park the company is currently developing in Bucharest, a press release ...

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3-month ROBOR Index – the lowest level in the past month

ROBOR rapid growth: The three-month index reaches 1.58pc. Interest rates up by nearly 50pc since Monday

The 3-month ROBOR Index, the average interest rate on which Romanian banks borrow from each other, has reached on Monday the level of 2.10%, the National Bank of Romania (BNR) informs. It is the lowest level in the past month. ...

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Competition Council Oks the OTP Bank – Banca Romaneasca transaction

Hungary’s OTP agreed to buy NBG’s Banca Romaneasca, media sources

The Competition Council authorized the operation through which OTP Bank Romania acquired Banca Romaneasca and some of its Romanian assets, a press release informs. ”The Competition Council’s analysis has led to the conclusion that the economic concentration operation does not ...

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EBRD is financing the acquisition of new buses in Brasov

EBRD is financing the acquisition of new buses in Brasov

The European Bank for Reconstruction and Development (EBRD) is providing up to RON 114 million (EUR 25 million equivalent) to finance the acquisition of 105 new buses by the Romanian city of Brasov, that are going to be used by ...

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