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Equipment leasing market grows by over 53pct, in seven years (23-01-2012)

Romanian market of leasing equipment advanced, over the past seven years, from 14 percent in 2005 to 26 percent, on 30 September 2011, according to data Full story

Robert Rekkers quits Banca Transilvania in Romania after nine years (23-01-2012)

Robert Rekkers, who has run Romanian lender Banca Transilvania for the last nine years, stepped down as general manager and will be replaced by Peter Franklin, Full story


BRD fined by Competition Council for obstructing investigation (16-01-2012)

BRD-Societe Generale is the only bank in the Romanian banking sector to have been fined by the Competition Council for obstructing the investigation, in a ranking Full story

Recent decisions of central bank to be perceived on the market at the right (16-01-2012)

The effects of the decisions made by the central bank on November 2011 and January 2012 to reduce the monetary policy interest rate will be perceived Full story


Non-government loans advance 1.3 pct in November (09-01-2012)

Non-government loans extended by credit institutions increased 1.3 percent in November 2011 (0.8 pct in real terms) from October 2011 to RON 223.817 billion (some 52 Full story

MFP plans to launch 15-year-maturity bonds for private pension funds in 2012 (09-01-2012)

The Public Finance Ministry (MFP) is planning to increase the maturities for security issues in 2012 and is having advanced talks with the pension funds for Full story

MFP: Certified payment requests sent to EU see three-fold increase in 2011 (09-01-2012)

Certified payment requests, sent to the European Commission regarding EU-funded projects have almost tripled in 2011, amounting to about 800 million euros, according to the Ministry Full story

Finance Ministry seeks some RON 14 - 16 bln in Q1 2012 domestic borrowing (09-01-2012)

The Ministry of Public Finance (MFP) announced an indicative figure of somewhere between RON 14 and 16 billion (the equivalent to 3.25 - 3.7 billion euros) Full story

Currency in circulation increases 12 percent compared with November 2010 (09-01-2012)

Currency in circulation at the end of November 2011 stood at 29.379 billion lei (approximately 6.8 billion euros), increasing 12 percent from November 2010 and 0.9 Full story

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MFP borrows round bln. 51.5 lei in 2011, and to roll bonds worth 40 (09-01-2012)

Ministry of Public Finance (MFP) must re-finance state bonds worth 46 billion lei, namely almost 10.7 billion euros, in 2012, after it borrowed about 51.5 billion Full story

Sale of 20 percent of Tarom shares on BVB brokered by Carpatica and Swiss (19-12-2011)

The Ministry of Transport and Infrastructure (MTI) signed in mid-December the contract for brokering the sale of 20 percent of Tarom shares on Bucharest Stock Exchange Full story

Central bank governor considers new amended Civil Code is a 'good option' (19-12-2011)

Governor of the National Bank of Romania (BNR) Mugur Isarescu on Friday told a specialist colloquium that the new Civil Code is a modern collection of Full story

Volksbank writes off exiting Romania (19-12-2011)

Volksbank Romania will continue their activity on the Romanian banking market and the shareholders harbour no idea to sell the bank in the near future. Volksbank Full story

Deputies okay EximBank state-owned stocks to be managed by Finance Ministry (19-12-2011)

Chamber of Deputies plenary sitting, by 202 votes in favour, 38 against and four abstentions, on Thursday, passed the emergency ordinance stipulating that the EximBank state-owned Full story

Banker of year 2011 Robert Rekkers, BT managing director (19-12-2011)

Managing director of the Transilvania Bank (BT) Robert Rekkers was designated the Banker of the year 2011 during the gala of the Piata Financiara awards, which Full story

Financial Market Awards Gala nominates BCR retail bank of the year (19-12-2011)

Romania's Commercial Bank (BCR) was nominated the retail bank of the year, at the Piata Financiara (Financial Market) Awards Gala. The corporate bank of the year Full story

Basescu: For time being it is out of question for Romania to contribute to (19-12-2011)

President Traian Basescu said on Wednesday that, at present, it was out of the question for Romania to contribute to the IMF intervention funds to save Full story

President Basescu on banking system: Not much competitiveness in loans against ID cards (19-12-2011)

President Traian Basescu said on Wednesday that the problem of a country's competitiveness is not the exclusive responsibility of the government and the administration, pointing out Full story

Ludovic Orban does not preclude Romania's contributing to IMF reinforcement resources in the long (19-12-2011)

Minister of European Affairs Leonard Orban does not preclude the possibility that in the long run, Romania might contribute to boosting the firepower of the International Full story