Results 151 - 175 from 183 for "bnr"
-
BNR Board Member: Many Non-Performing Loans Could Be Revived If Banks Really Wanted To
09.16.2011
Foreign banks are suffocating companies and the government no longer has a powerful bank it can use to compensate business directions dictated by factors from abroad, says Nicolae Danila, former chief more
-
Nearly EUR3 Billion Erased From Portfolios Of NBFIs Since The Crisis Started
09.14.2011
Leasing companies and the other Non-bank Financial Institutions (NBFIs) have lost several tens of thousands of clients since the beginning of the crisis, with loan portfolios cut by a third. more
-
BNR Official: Romania Can Bring Inflation Close To Eurozone Level
09.10.2011
Romania has the "historic chance" to reduce inflation to below 3% in the next few years, as long as the central bank's monetary policy is "firmly" supported by the fiscal and wage policies, said bank more
-
BNR’s New Regulations Will Affect Lending Rebound
09.08.2011
The Romanian central bank (BNR) is looking for the first time to encourage lending in lei instead of foreign currency for mortgage loans, but interest rates are double as high. more
-
Romanians To File 133% Guarantee On Consumer Loans - Draft
09.06.2011
Consumer loans will have a maturity of at most five years, and clients will have to guarantee 133% of the loan’s value, while real estate financing in euro will require an advance of at least 30%, more
-
BNR Set To Discuss Monetary Policy Rate And Minimum Leu Reserve Cut
08.24.2011
The National Bank of Romania (BNR) will discuss cutting the monetary policy interest rate and the minimum leu reserve requirements this fall in order to encourage lending in the local currency, once more
-
BNR: Inflation To Ease Next Months, Upside Risks Remain
08.03.2011
Romanian central bank (BNR) Wednesday estimated the inflation will continue to fall in the coming months, helped by cheaper food items and a good farming year, but warned upside pressure from more
-
Romanian Central Bank Keeps Key Rate Unchaged At 6.25%
08.03.2011
Romania’s central bank Wednesday left its main interest rate at a record low of 6.25% a year for the tenth straight time, as inflation is still likely to top the bank’s forecast. more
-
Foreign Investments Down 23% On Year To EUR799M In January-May
07.15.2011
Foreign direct investment, or FDI, fell to EUR799 million in January to May, down 23.3% on the year, preliminary central bank data showed Friday. more
-
Romanian Investors Are Turning To Gold, As Prices Hit All-time Highs
07.14.2011
When gold hit its second all-time peak in a row at National Bank of Romania (BNR) rates on Tuesday, Piraeus Bank, the only domestic lender that sells gold to retail clients, registered orders for 10 more
-
Negritoiu, ING: Monetary Policy Is Like High Blood Pressure. It Doesn’t Hurt, But Can Kill You
07.12.2011
The Romanian central bank (BNR) has long been talking about discouraging euro-denominated loans after letting them become dominant, but is not taking concrete steps to encourage the use of lei in the more
-
We Did Not Know Why We Grew, Now We Don’t Know Why We Are Sliding
07.06.2011
Almost three years after the economic crisis was first felt on the Romanian market, and after the economy has lost EUR30 billion, with tens of thousands of companies going insolvent or disappearing more
-
BNR's Net Profit Fell To RON1.4 Billion In 2010
07.04.2011
Romania’s central bank BNR posted a net profit of 1.41 billion lei (EUR334 million) in 2010, compared to RON4.6 billion in 2009, on lower interest revenue, according to the bank’s annual report. more
-
Isarescu: Target2 Brings Romania Closer To Euro Adoption
07.04.2011
Romania has taken yet another step toward implementing the European single currency by officially joining the EU’s Target2 real-time gross settlement system, central bank governor Mugur Isarescu more
-
Isarescu Warns Bankers That A World Full Of Restrictions And Rules Will Follow
07.01.2011
Central bank governor Mugur Isarescu on Thursday for the first time publicly warned bankers that a long period of restrictions would follow in the banking business, more specifically as far as lending more
-
After Monday’s Peak, The Euro Lost Ground
06.22.2011
The exchange rate fluctuations over the past week, with the leu losing over 2% against the euro, broke the relative stability to which bankers, as well as clients with foreign currency loans, were more
-
Bankers On BNR's New Restrictions: We Need Low Interests On Leu Loans, Not Regulations
06.20.2011
The current anomalies of the retail lending market have been generated by regulations imposed by the National Bank of Romania, or BNR, at some point, as solutions to certain situations, but the new more
-
Greek-Owned Banks Are Solid - BNR Deputy Governor
06.10.2011
Romanian banks with Greek shareholders are solid and they can cope with the Greek crisis, which makes them attractive for investors, but the parent companies aren’t showing any intention to sell the more
-
Isarescu: Who Had Cash To Buy 1 Bln Euros?
06.07.2011
Governor Mugur Isarescu questioned the accuracy of ING Bank’s calculations which indicate the central bank has sold EUR1 billion in May to keep the exchange rate stable. more
-
BNR Keeps An Eye On Greek-Owned Banks, No Help Needed - Supervisory Chief
05.30.2011
Greek-held local banks are not affected by the problems faced by their shareholders in their countries of origin, where customers are moving their deposits abroad, and they have sufficient liquidity, more
-
If Necessary, BNR Could Use Greek Banks' Properties As Loan Guarantees
05.27.2011
The Romanian central bank, or BNR, has tools to intervene if crisis scenarios prompted by the situation in Greece become a reality on the Romanian banking market, starting from the bilateral repo of more
-
BNR Supervisory Head Says No Withdrawals From Greek Banks
05.25.2011
Greek banks, which control 17% of Romanian banking assets, have not withdrawn financing lines from local subsidiaries ahead of time so far, central bank officials said. more
-
S&P Withdraws BNR’s Ratings In Procedural Action
05.20.2011
Standard & Poor's has withdrawn its ratings on the National Bank of Romania (BNR, the central bank of Romania), as the purpose for which the rating was initially issued ceased to exist. more
-
S&P Lists BNR Outlook Stable With One Year Delay, Citing Administrative Error
05.20.2011
Standard & Poor's Rating Services Thursday said that due to an administrative error the rating outlook on the National Bank of Romania (BNR, the central bank of Romania), which is linked to that of more
-
Number Of Active Cards Fell To Lowest Level Since March 2008
05.17.2011
The number of active cards in Romania decreased by 619,815 in the first quarter, to 10.58 million, the lowest level since March 2008, although the total value of transactions has grown compared to the more