NBR
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Analysts: The NBR will not raise interest rates after August deflation
Economic analysts have changed their mind and now estimate the NBR (National Bank of Romania) could preserve or even reduce the monetary policy rate by the end of this year, amid favourable...
Popovici Nitu takes on board former NBR & ZRP lawyer
Law firm Popovici Nitu & Asociatii, one of the leading players on the local law market, has recruited Serban Patriciu as senior lawyer with the project finance team. He formerly worked with...
NBR relaxes regulation, but not enough
The final draft of the regulation for lending to the population, adopted by the NBR (National Bank of Romania), is "less restrictive" than was initially expected, but bankers also have provi...
NBR rejects establishment of Becali Bank
The Board of Governors of the National Bank of Romania (NBR) has rejected in its July 24 meeting the application to establish Becali Bank, the credit institution that businessman George Beca...
NBR does its best to restrict lending
NBR could speed the enforcement of new regulations on lending for individuals, with the draft still on the experts' table and set to be debated tomorrow during the meeting of the Board of Go...
NBR: So long, easy credit!
The decline in the maximum value of a loan, a longer time to process a credit application brief, extra trips to the tax administrations and turning the local banks into brokers of parent ban...
NBR publishes official bank ranking for 2007
Nine banks of the 41 in the system had assets worth less than 100 million euros last year. Only eight banks in the system had an over 5% market share in terms of assets, according to the ann...
NBR: 137m-euro profit after years of losses
The rising prices of gold and RON decline have driven the central bank's balance sheet into the black. Last year, the National Bank generated net income worth a little more than 137m euros,...
NBR can no longer reduce inflation on its own
The NBR (National Bank of Romania) will keep the interest rate high for a long period of time in order dampen inflation, but it will not meet its target without support from the Government,...