The retail lending to individuals have slightly dropped over the past five quarters, chief-economist of the National Bank of Romania (BNR) Valentin Lazea told a conference
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We have come out of recession, but it probably is still a long way to coming out of crisis, Romanian Banking Association (ARB) Chairman Radu Gratian
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The Ministry of Public Finance assesses the possibility of issuing bonds in US dollars as well, Cristian Popa, deputy governor of the Romanian National Bank, said
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The National Bank of Romania (BNR) believes inflation is still likely to register marginal enhancement until June, BNR Deputy Governor Cristian Popa said at the end
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Raiffeisen Leasing has financed the acquisition of 10,600 automobiles in the first quarter of 2011, an amount that increased three-fold compared to the same period of
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Greece’s seemingly turn for the worse is unlikely to push Romanian economy into recession, said Peter Sanfey, lead economist at the European Bank for Reconstruction and
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The CEE Stock Exchange Group, consisting of the Vienna, Budapest, Ljubljana and Prague stock markets, is interested in buying more stock exchanges in Central and Eastern
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The Romanian Federation of Credit Unions (FEDCAR) and the Ohio Credit Union League (OCUL) last month signed an agreement of mutual support as the newest participants
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Tradeville brokerage house, in the Startrade 2.0 online stock trading service, developed a function called BVB versus Europe that enables the automatic comparison between the most
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The credit demand of the small and medium businesses (SMBs) is higher this year and it targets the development of their turnover rather than a mere
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Romania has a penetration rate of the Bauspar-type saving-lending system of only 1.6 percent, because of the the commercial banks that put competitive pressure by giving
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Romania is likely to begin a new economic cycle, when massive capital inflows could trigger a higher volatility of the exchange rate, central bank governor Mugur
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The deficit of the consolidated general budget dropped to 4.4 billion lei, representing 0.8 percent of the GDP, four months into this year, according to data
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No matter how many times the deadline for the euro's adoption would be pushed back, Romania would still not be ready, Adrian Vasilescu, advisor to the
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Non-governmental loans disbursed by credit institutions increased 0.3 pct in April 2011 (down 0.3 pct in real terms) from March, to 204.625 billion lei, the National
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Household deposits in the national currency, the leu, increased in April 0.3 pct compared to the previous month up to 65.842 billion lei, while foreign currency
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The Romanian central bank will try and limit exchange-rate volatility as “probable massive foreign capital inflows’’ put pressure on the leu to appreciate, Governor Mugur Isarescu
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The gap between interest rates on Romanian leu- and euro-denominated loans is likely to narrow in the next 18 months, provided the cost of domestic currency
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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
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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
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