11.11.2021

Romania’s central bank has revised upwards its annual inflation forecast expecting a rate of 7.5% in December 2021, higher by 1.9 percentage points than the level anticipated in August, the bank more

11.09.2021

Romania's central bank on Tuesday (November 9) raised its benchmark interest rate to 1.75% a year from 1.5% a year, starting November 10, 2021. more

11.01.2021

The number of card payment transactions surged 61% in June 2021 compared to June 2019, up to 327 million, from 203 million in the pre-pandemic year, while the value of transactions grew 60% up to more

10.18.2021

Romania’s central bank has cleared banks in Romania, some of which are controlled by foreign financial groups from countries such as Austria, France, Italy, the Netherlands and Greece, to pay more

10.05.2021

Romania's central bank on Tuesday (October 5) raised its benchmark interest rate to 1.5% a year from an all-time low of 1.25% a year. more

09.21.2021

Romania’s central bank has approved the appointment of Theodor Stanescu to the position of general manager of Crédit Agricole Romania, which was acquired by Vista Bank, controlled by Greece’s more

08.11.2021

Romania’s annual inflation rate sped up in July to 5%, while from June 2021 consumer prices were up 1.0%, in line with data from the country’s statistics board. more

08.09.2021

Romania’s central bank has significantly revised its inflation forecast to 5.6% at the end of 2021, instead of the 4.1% estimated in May and to 3.4% in December 2022, 0.4% more, the report on more

08.06.2021

Romania's central bank decided on Friday (August 6) to hold the benchmark interest rate at a record low of 1.25% a year. more

07.27.2021

Romania’s central bank (BNR) was designated by the European Union to coordinate, jointly with the Netherlands' Central Bank and the Bank of Lithuania, the implementation of a project targeting the more

07.07.2021

Developments in the pandemic continue to generate considerable uncertainties and risks to the inflation outlook, at least in the short run, amid a considerable slowdown in vaccination and the spread more

07.07.2021

Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, despite rising inflation. more

06.28.2021

Romania’s central bank on Monday said its profit reached RON2.03 billion in 2020, up 13% from 2019. more

06.22.2021

Romania’s central bank has approved the appointment of Mustafa Tiftikcioğlu to the position of CEO of Garanti BBVA Romania. more

05.24.2021

Romania's central bank board members discussed at length the new anticipated inflation pattern, raising the forecast to 4.1% at the end of 2021 from a previously expected 3.4%, the minutes of the more

05.19.2021

Romania's former social-democrat prime minister Viorica Dancila has not been appointed advisor to the central bank governor but will advise on strategy issues within the central bank's euro adoption more

05.14.2021

Romania's central bank has revised its inflation forecast for the end of 2021 to 4.1%, from its previous projection of 3.4%, it said in its May Inflation Report released Friday. more

05.12.2021

Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more

04.15.2021

Romania's central bank governor Mugur Isarescu said the central bank would not be reducing the monetary policy rate further and was ready to ensure the flexibility of its inflation target considering more

03.16.2021

Romania's central bank has revised its inflation forecast for the end of 2021 to 3.4% from a previous projection of 2.5%, it said in its March Inflation Report released Tuesday. more

03.15.2021

Romania's central bank on Monday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more

03.15.2021

German-held windows solutions producer Rehau Romania will invest approximately EUR10 million in Sibiu County, in the construction of a regional hub, in line with its development plans. more

02.16.2021

Romanians spent nearly EUR2.6 billion on vacations abroad in 2020, which is half the amount spent in 2019, according to central bank data. more

01.26.2021

Romania’s central bank warns, in the minutes of its latest monetary policy meeting, that the annual inflation will probably inch up in the first two months of 2021, followed by a correction at the more

01.18.2021

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, plunged to 1.59% a year on Monday (Jan more