CĂUTARE (33)

Traditionally, the second month of the year should be marked by the beginning of the first parliamentary session and less by the visibility of the work carried out by the government, but the electoral year 2024 seems out of the ordinary, in view...

Our country is not in recession and the National Bank of Romania does not have such a forecast, Governor Mugur Isărescu said yesterday, during the conference where he presented the "Quarterly Report on Inflation".

Inflation has decelerated this year, while interest rates offered by commercial banks to the public have fallen slightly in recent months, but rates are still in negative real territory, which, in terms of purchasing power, favors borrowers over...

The Romanian banking sector is among the best capitalized banking systems in Europe, Bogdan Neacşu, General Manager, and President of the CEC Bank's steering committee, told us in an interview. According to him, there is liquidity on the...

The Leu has reacted differently against various currencies, during the pandemic, with the EUR/RON exchange rate going up, while the opposite happened to USD/RON. The latter happened because of the weakening of the dollar against the Euro, during...

"We no longer have the limit of 3% budget deficit, but there is a natural limit to the loans that Romania can access - financing the deficit won't be easy", Popa says

• Interview with economist Lucian Isar 

The leu has seen a constant and steep drop against the major currencies this month. This phenomenon has sparked diverse opinions, with part of the public opinion pointing the finger at the National Bank of Romania (NBR).

In banking there are many risks and that is why banks need to be flexible and have as diverse an exposure as possible, which take the market circumstances at the time into account, says Radu Graţian Gheţea, President and CEO of CEC Bank. He told...

Reporter: How would you describe the banking market, at the present time?

The issue of the funding of the budget deficit will become acute in 2018, as the government authorities show us that they haven't learned anything from last year's experience.

The 3-month ROBOR rate, which is used to calculate the interest rates, the majority of the loans denominated in lei, has jumped past the 2% psychological level, and yesterday reached 2.06%, up from Tuesday's 1.92%, according to data from the...

The amounts paid to banks by the National Fund for the Guarantee and Counterguarantee of Small and Medium Enterprises Loans (FNGCIMM) for the First Home Program get recouped from debtors, through foreclosure, by the National Fiscal Administration...

In his new year message, designated prime-minister Sorin Grindeanu promised urgent measures would be taken to increase the quality of Romanians' life. Isn't the irony of recent history cruel, when similar promises have been made in 2008,...

The National Bank of Romania (NBR) injected yesterday over 4.12 million lei in the banking market, this being the fourth repo operation conducted by the Central Bank in October, after the ROBOR index began rising at an accelerated pace.

Reporter: One of the burning issues that some banks, as well as some consumers are faced with, is that of loans denominated in Swiss francs. As OTP Bank is one of the institutions that have granted such loans and taking into account the fact that...

• The leu, at a record low against the Euro - 4.6397 lei/Euro 

• The ordinance which caps fees would have been applicable to ongoing loans as well, according to the Court of Justice of the European Union 

• Dragoş Cabat: Certain banks need liquidity, possibly the Greek ones 

• László Diósi: We estimate a better management of inflation and the drop of the Robor, over the next year 

The following lenders will offer loans for small and medium enterprises, as part of the "Cardul Kogălniceanu" ("The Kogălniceanu card") program: Alpha Bank, Banca Comercială Carpatica, Banca Transilvania, Bancpost, BRD Groupe...

Starting this month, Bank Leumi Romania has changed the interest margins and the commissions for home loans.

Raiffeisen Bank has lowered interest rates for unsecured loans in lei by as much as 2%, with the lowest level being 10.50%, whereas interest rate for savings in lei dropped to 8.25%, subject to the type of deposits and the amount on deposit,...

• Sources claim the NBR is preparing a benchmark bonds issue 

An issue that the intended beneficiaries of the "First Home" program will most likely face is the undervaluation of properties by the banks. Alina Busuioc, head of real estate agency "West Invest", claims that banks are rather...

Ana SĂbiescu

A.S.

Gabriel NiŢulescu

Ana Săbiescu

Economic processes nowadays are characterized more than ever before by rapid development and instability, the latter of which being the result of the risks entailed by any economic activity. Such risks are numerous and have been touched in many...