Dec. 2010
Mar. 2011
Jun. 2011
Sep. 2011
Dec. 2011
Number of credit institutions
42
42
42
41
41
of which foreign banks’ branches
9
9
9
8
8
Total net assets (RON bill.)
341.9
328.9
338.9
343.9
354.0
Assets of private-owned institutions 1 (% in total assets)
92.6
93.4
93.3
92.7
91.8
Assets of
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On 31 January 2012, the ordinary meeting of the National Committee for Financial Stability (NCFS) took place. The meeting was attended by Mr. Mugur Isărescu,
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Romania drew 1.5 billion dollars on January 31 through a bond issue on the U.S. market, with 10-year maturity and a yield of 6.875%, State Secretary
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The non performing loans (NPL) ratio for credit institutions registered in Romania, per total system, reached 14.18 percent at the end of the third quarter 2011,
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Business people and employers have paid to the state budget taxes and duties of over 48 million euros per day, in 2011, according to an analysis
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Piraeus Bank has extended its investment product portfolio by distributing 12 euro- and dollar-terms investment funds managed by ING Investment Management Pioneer Investment.
The funds cover a
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Romania's tax authorities should increase the tax collection rate from a current 70-75 percent as this is an efficient way of shrinking the Budget deficit, instead
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Deutsche Börse and the NYSE's proposal to create the world's largest exchange operator was rejected by European anti-trust authorities Wednesday (1 February), for fear that it would create
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At the end of 2011, over 260,000 Romanians contributed to the voluntary private pension system (Pillar III), announced the Association of Private Pension Funds in Romania
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The nongovernmental credit granted by credit institutions decreased 0.4 percent (0.6 percent in real terms) in December 2011, down to 223,033 billion lei (over 51 billion
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RON-denominated household deposits advanced 3.0 percent to RON 72,101.8 million (nearly 16.7 billion euros) in December 2011, on a monthly basis. The increase compared with December
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The Government credit stood 6.3 percent higher in December 2011 at 69.815 billion lei (approximately 16.2 billion euros), the National Bank of Romania (BNR) announced on
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The number of transactions with Visa cards at POS payment terminals, in Romania, increased by 30.4 percent in 2011 as compared to 2010 and value of
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The European growth model has been an engine for economic convergence during the past few decades and has delivered prosperity to hundreds of millions of
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The EU’s next budget is likely to include the first-ever binding document setting “stronger” and “clearer” objectives for regional funds to support sustainable development.The European Commission is
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A brokerage, business resources and consultancy platform has become operational starting Tuesday by means of the Romanian Business Exchange (BRA), which, via the information, links entities
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The value of the all-in assets managed in the private pension system stood at 6.857 billion lei (nearly 1.59 billion euros) at the end of 2011,
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The value of deposits in foreign banks' branches in Romania registered a 2.1 percent decline at the end of Q4 of 2011, but overall it witnessed
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The total value of overdue loans in lei of households and the corporate sector in December 2011 amounts to 9.296 billion lei, by 2.23 percent under
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The state spent 5.5 billion more than it collected in 2011 but remained within the budget deficit targets agreed during the assistance programmes with the international
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