NBR
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Anaemic lending will further reduce consumer-spending appetite
The decline in the flow of new credits granted to the population by 75% in the first quarter of the year against the similar period of last year will further reduce the consumer spending app...
Money from the IMF brings forex reserve to 30bn-euro all-time high
The first instalment of the IMF loan has been transferred into the accounts of the NBR (National Bank of Romania), while the foreign reserve has reached a 30 billion-euro all-time high.
Gelin: NBR needs to cut interest rate to revive lending
The key to reviving lending is to have NBR cut the key rate for RON, because with the current levels of interest rates on the market, there is no demand for loans any longer, Patrick Gelin,...
NBR reserve shrinks by almost 800 million euros in March
The foreign currency reserve of the National Bank lost another almost 800 million euros in March, decreasing to 25.12 billion euros.
Monetary policy meeting to shed light on NBR's policy after signing of agreement with IMF
An entire country stressed out over the RON/EUR exchange rate and the high interests is keeping an eye on the NBR today, where the first monetary policy meeting of the Board of Governors is...
Past due loans leap beyond one billion euros
The amounts overdue in loan instalments from both individuals and companies came close to one billion euros in February, after having tripled over the past year, NBR data show.
January, third month of decline for consumer loans
Banks have almost entirely dropped the granting of unsecured consumer loans. At this time, the population can contract only mortgage-backed loans, show data published by the NBR (National Ba...
Past due loans skyrocket in January to 155m euros
Past due banking loans recorded in January, accumulated both by individuals and companies, amounted to a record 155 million euros in January, according to data from the NBR (National Bank of...
Foreign debt leaps to 72.5bn-euro all-time high
Private companies remain the biggest problem of foreign financing, as they have debt due to for repayment this year and will not be able to refinance in full.