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3-month ROBOR Index soars to 3.11%, all indices up

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased on Friday to 3.11%, up from 3.03% in the previous session, according to the figures released by the National Bank of Romania ...

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3-month ROBOR Index jumps to 3.03% per annum

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased on Monday to 3.03%, up from 2.97% in the previous session, according to the figures released by the National Bank of Romania ...

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RON hits new record low vs. EUR, the sixth consecutive day

The national currency hit a new historic low of 4.7142 units per EUR as a result of a 0.13% appreciation of the European currency on Monday, according to the National Bank of Romania (BNR). This is the sixth day of ...

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3-month ROBOR Index soars to 2.97% per annum

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased on Monday to 2.97%, up from 2.93% in the previous session, according to the figures released by the National Bank of Romania ...

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Competition Council: We have not found evidence of a possible understanding between banks

In the investigation of the behavior of banks during October to November 2008, finalized in 2013, no evidence was found of a possible understanding between banks, the Competition Council has announced in response to Senator Daniel Zamfir’s statements. The Competition ...

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ROBOR scandal taken in Parliament: BNR governor, called for hearings again

ALDE senator Daniel Zamfir has announced he would call the central bank governor, Mugur Isarescu, for hearings in the Economy committee of the Senate on January 29. President of the Competition Council, Bogdan Chiritoiu, will be also summoned to explain ...

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Two large banks in Romania are considering the postponement of investment plans, following the Teodorovici ordinance

Sergiu Manea, CEO of Banca Comerciala Romana (BCR), has said on Friday that the bank is considering the postponement of investment plans as a result of the introduction of the new tax for banks. “All the investment plans we have ...

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RON, another record low against the EUR: 4.6975 units

The national currency continues to reach new record lows against the national currency and is closer to the RON 4.7 threshold. After 4 consecutive declines, the RON ends the week rated by the BNR at 4.6975 units for EUR. The ...

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3-month ROBOR Index up to 2.93%

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased on Friday to 2.93%, up from 2.90% in the previous session, according to the figures released by the National Bank of Romania ...

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