BNR’s foreign reserves rises by 5.9pct in July
The foreign reserves of the National Bank of Romania (BNR) were, at the end of July 2021, at 39.008 billion Euro, rising by 5.9% from...
Category : FINANCE&BANKING
BCR releases H1 2021 financial results: Consistent financing for the real economy, followed by further digital progress
Open for impactful business: The stock of net customer loans granted by Banca Comercială Romana (BCR) advanced by 10.7% year-on-year as of 30 June 2021...
Finance Ministry: General consolidated budget records 1.68pct deficit in Q2 2021
The general consolidated budget recorded a deficit of 19.17 billion lei (1.68pct of GDP) in the second quarter of this year, by 10.74 billion lei...
IFC supports climate finance in Romania and Serbia to drive sustainable growth
IFC invested €42.5 million in a €500 million green bond issued by CTP N.V. (CTP), a sustainable European industrial and logistics property owner-developer, a press...
Digital Euro in the works by the European Central Bank
On July 14, the European Central Bank, ECB, announced a virgin project to initiate and build a digital version of the euro. This project is...
PM Citu on budget execution: It is for the first time in many years when personnel spending is lower as percentage of the GDP
The budget execution for the first six months of the year will be publicly presented on Tuesday, Prime Minister Florin Citu announced, pointing out that...
Olympic-themed Visa cards now available for BCR customers thanks to Visa
Through its partnership with Visa, the worldwide partner of the Olympic Games, BCR is launching an Olympic themed collection of Visa cards available for a...
Stanleybet Capital wants to attract between 2.5 – 4 million euros through a private placement of bonds
The group aims for a turnover of 600 million lei in 2024, tripling the amount in 2020 ...
PM Citu: Average net monthly pay has increased much faster in 2021 than the inflation rate
Prime Minister Florin Citu says that according to data with the National Institute of Statistics (INS) and the National Bank of Romania (BNR), the average...
BNR: Economic activity continued to recover in the first quarter of 2021 faster than estimated. PM Citu: BNR confirms higher-than-expected economic growth; we did it together with private business environment
The members of the Council of Administration of the Romanian National Bank (BNR) estimate that economic activity will continue to grow in the second and...
