Romania Banking System Average NPL Rate Grows to 5.77% in July
09.20.2018
Romania's banking sector had an average non-performing loan (NPL) rate of 5.77% at the end of July, 0.06 points higher than in June, central bank data showed.
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Three-Month Money Market Rate Stays Put At 3.13% 10.08.2018
The three-month money market interest rate used to calculate interests for consumer loans in lei was flat at 3.13% a year on Monday, central bank... more
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Three-Month Money Market Rate Flat At 3.13% 10.05.2018
The three-month money market interest rate used to calculate interests for consumer loans in lei was flat at 3.13% a year on Friday, central bank... more
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SIF Oltenia Sells Minority Stake in BCR to Erste for EUR140M 10.04.2018
Shareholders of regional investment fund SIF Oltenia on Thursday approved the sale of the company's 6.29% stake in Banca Comerciala Romana (BCR) to... more
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Romania Raises RON370.8M Selling 6-Mo T-Bills at 3.02% Average Yield 10.04.2018
Romania's finance ministry on Thursday raised an above-plan 370.8 million lei (EUR79.42 million) selling treasury bills maturing in March 2019 at... more
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Three-Month Money Market Rate Falls To 3.13% 10.04.2018
The three-month money market interest rate used to calculate interests for consumer loans in lei fell to 3.13% a year on Thursday, from 3.16% a... more
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H1 Insurance Broker Ranking: Safety Narrows Gap To Marsh 10.04.2018
Competition at the top of the insurance brokerage market became fiercer in the first half, with Safety Broker narrowing the gap to leader US-held... more
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Patria Bank Sells NPL Loan Portfolio Of RON245M To Polish Debt Collection Firm Kruk 10.04.2018
Patria Bank will sell to Kruk Group a portfolio of bad debts consisting of some 9800 non-guaranteed consumer loans granted to natural persons, with... more
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Central Bank Understands Need For Cash, Banks Should Not Expect Further Cut In Minimum Reserves 10.04.2018
Romania’s central bank is in no hurry to give banks cash by cutting minimum mandatory leu reserves, since it does not know whether the shortage... more
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Central Bank To Announce Measures Limiting Indebtedness Ratio 10.03.2018
Romania's central bank will soon announce measures to limit the indebtedness ratio on loans, governor Mugur Isarescu said Wednesday. more
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Romanian Central Bank Holds Key Rate at 2.5% a Year 10.03.2018
Romania's central bank on Wednesday left its benchmark interest rate on hold at 2.5%, the bank said in a statement. more
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Three-Month Money Market Rate Inches Up At 3.16% 10.03.2018
The three-month money market interest rate used to calculate interests for consumer loans in lei inched up to 3.16% a year on Wednesday, from 3.15%... more
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Three-Month Money Market Rate Drops To 3.15% 10.02.2018
The three-month money market interest rate used to calculate interests for consumer loans in lei fell to 3.15% a year on Tuesday, after rising to... more
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Romania Raises RON151.2M Selling Sept 2031 Bonds at 5.28% Average Yield 10.01.2018
Romania's finance ministry on Monday raised 151.2 million lei (EUR32.45 million) from a planned RON200 million selling treasury bonds maturing in... more
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Romania Forex Reserves Grow to EUR31.42B in September 10.01.2018
Romania's foreign exchange reserves grew to EUR31.42 billion end-September, from EUR31.06 billion at the end of August, central bank data showed... more
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Piraeus Bank Becomes First Bank as of Oct 1 10.01.2018
Piraeus Bank Romania, the 11th largest bank in Romania by assets, has changed its name to First Bank starting October 1 to mark its new ownership... more
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Three-Month Money Market Rate Flat At 3.17% 10.01.2018
The three-month money market interest rate used to calculate interests for consumer loans in lei stagnated at 3.17% a year on Monday, central bank... more
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Foreign Direct Investments in Romania Grew 6.2% on Year in 2017, to EUR4.79B 09.28.2018
The net flow of foreign direct investments (FDI) in Romania grew 6.2% on the year in 2017, to EUR4.797 billion, according to a statistical survey... more
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Three-Month Money Market Rate Rises To 3.17% 09.28.2018
The three-month money market interest rate used to calculate interests for consumer loans in lei rose to 3.17% a year on Friday, after stagnating... more
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Romania Insurance Companies’ 1H Underwritten Gross Premiums Flat At RON5.04B 09.27.2018
Insurance companies in Romania underwrote gross premiums of RON5.04 billion in the first half of 2018, similar with last year’s level, with... more
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Watford Aims For 1%-1.5% Share Of Auto Liability Insurance Market In Its First Year In Romania 09.27.2018
Watford Insurance, the latest actor to enter Romania’s auto liability insurance (RCA) market, set out to reach about 1% to 1.5% market share or... more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
