10.21.2013

All but a handful of small banks could withstand another recession in Romania in the short-term, and the system in general is well equipped to ward off severe economic shocks while maintaining an more

10.18.2013

Foreigners are more confident in Romania’s development potential than Romanians themselves, Viscount Etienne Davignon, chairman of financial group Bilderberg, said in Bucharest Thursday. more

10.11.2013

Romanian foreign direct investment, or FDI, fell 36% on the year to approximately EUR1.12 billion in the January-August period, the central bank said Friday. more

10.11.2013

Romania's current account balance posted a deficit of EUR160 million in the first eight months, sharply narrower from a gap of EUR4.23 billion in the year-ago period, central bank data showed Friday. more

10.10.2013

Romania’s inflation rate slowed for the third straight month in September, falling comfortably within the central bank’s 2013 target range as food prices continued a four-month decline, official more

10.08.2013

The average interest on corporate loans in lei rose slightly in August to 8.7%, while the average deposit interest fell by almost 0.7% to 3.4% a year, reveal central bank data. The corporate segment more

10.04.2013

The National Bank of Romania may buy gold extracted from Rosia Montana provided that the gold share in the country’s international reserve stays between 10% and 20%, central bank representative more

10.01.2013

Romanian foreign exchange reserves rose to 33.09 billion euro in September, from EUR32.17 billion a month earlier, boosted by a EUR1.5 billion inflow from an Eurobond issue, central bank data showed more

09.30.2013

Romania's central bank Monday lent 302.6 million lei (EUR67.8 million) to a local commercial bank via a seven-day repurchasing agreement operation at an annual interest rate of 4.5%, equal to the more

09.30.2013

Romania’s central bank Monday cut its main monetary policy rate for the third straight meeting, shaving off 25 basis points to 4.25% a year, in line with market expectations. more

09.30.2013

Romania’s central bank has revised upwards foreign direct investment data for 2012 to 2.14 billion euro, up from EUR1.8 billion in the previous year, the bank said in a news release Monday. more

09.24.2013

The Romanian central bank could cut its monetary policy rate by 25 basis points to 4.25% in a Board meeting scheduled for September 30, according to a survey released Tuesday by the association of more

09.24.2013

Romanian private lending edged up 0.4% in real terms to 221.9 billion lei (EUR49.62 billion) in August, from RON221.4 billion a month earlier, central bank data showed Tuesday. more

09.19.2013

The Romanian central bank has a “moral and legal duty” to purchase gold at the best market price and any future acquisition will me made according to the highest standards, deputy governor Bogdan more

09.16.2013

Romania’s central bank pledged it would not further reduce the monetary policy rate if inflation stays above the targeted level, according to the final version of the country’s letter of intent more

09.11.2013

Romanian foreign direct investment, or FDI, fell 28.9% year-on-year to EUR946 million in the first seven months, the central bank said Wednesday. more

09.11.2013

Romania's current account balance posted a surplus of EUR489 million in the first seven months versus a deficit of EUR3.04 billion in the year-ago period, central bank data showed Wednesday. more

09.06.2013

Romania’s central bank has notified the Justice Ministry of its conclusions regarding an impact study of potential collective lawsuits against commercial lenders, which shows the financial stability more

09.02.2013

Romanian foreign exchange reserves fell to EUR32.17 billion in August, from EUR33.35 billion a month earlier, central bank data showed Monday. more

08.29.2013

The deleveraging process of foreign banks in Romania is not done yet and will become even worse because parent banks are asking for their money back, says Nicolae Cinteza, head of the Supervisory more

08.26.2013

Romanian private lending inched down 0.9% in real terms to 221.43 billion lei (EUR50.3 billion) in July, from roughly RON224.2 billion a month earlier, central bank data showed Monday. more

08.12.2013

Romania's central bank Monday lent 7 million lei (EUR1.6 million) to a local commercial bank via its weekly seven-day repurchasing agreement operation at an annual interest rate of 4.5%, equal to the more

08.12.2013

Romanian foreign direct investment, or FDI, fell 19% to EUR666 million in the first six months, from RON826 million in the year-ago period, the central bank said Monday. more

08.12.2013

Romania's current account balance posted a surplus of EUR695 million in the first six months versus a deficit of EUR2.78 billion in the year-ago period, central bank data showed Monday. more

08.07.2013

Foreign banks have increased their funding withdrawal in Romania, but deleveraging remains disciplined, an official of the central bank said Wednesday. more