National Bank of Romania (BNR)

At end-March 2018, non-government loans went up 6.1 percent (1.1 percent in real terms) year on year to RON 236 million, on the back of the 15.9 percent increase in RON-denominated loans (10.5 percent in real terms) and the 7.7 percent…

Romania had the highest annual inflation rate in the European Union in March for the second consecutive month. According to Eurostat figures, the highest annual rates were recorded in Romania (4 percent), Estonia (2.9 percent), Slovakia and…

Board members of National Bank of Romania (BNR) note that the economic expansion had confirmed the expectations of a slowdown in 2017 Q4 – after having accelerated for four consecutive quarters, according to the minutes of the monetary…

In the first two months of 2018, the balance-of-payments current account posted a deficit of EUR 172 million, compared with EUR 72 million in January – February 2017, National Bank of Romania (BNR) informs in a press release. The deficit…

Unicredit Bank anticipates a slowdown of Romania’s economic growth to 4.4 percent in 2018 and 3.6 percent in 2019 as consumption and investment will be affected by the slowdown in wage growth, fiscal uncertainty and higher funding costs.…

In its today meeting, the Board of the National Bank of Romania (BNR) decided to keep the monetary policy rate at 2.25 percent per annum, as a press release informs. The move comes as a surprise to market followers and analysts that…

More and more Romanians choose to borrow in the national currency and prefer to preserve their economies in RON, according to data published by the National Bank of Romania (BNR). At end-February 2018, non-government loans granted by…

The National Bank of Romania (BNR) last week has rejected the intention of OTP Bank Romania to acquire a 99.28 percent stake in Banca Romaneasca, mentioning that the reasons on which the decision is based cannot be revealed. Local…

At the beginning of 2018, the balance-of-payments current account posted a surplus of EUR 216 million, compared with EUR 258 million in January 2017, according to National Bank of Romania (BNR) data, a press release informs. The deficit…

Banca Transilvania will start the specific procedures for finalizing the transaction with Eurobank Group regarding the acquisition of Bancpost shares, according to an announcement published on the Bucharest Stock Exchange (BVB) website.…