NBR
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ING: The NBR will continue to act for RON depreciation
The NBR will try to avoid a "sudden" exchange rate correction and will continue to act for a smooth decline of the RON through indirect moves on the interbank market, explains Ciprian Dascal...
NBR starts bank inspections to see how Basel II regulations are met
In September, the National Bank of Romania will conduct inspections in all banks, which operate as Romanian legal entities in order to see if the requirements of the Basel II accord, on adju...
ING Bank: NBR is losing patience
Foreign currency sales conducted by foreign speculators are now beginning to test the patience of the NBR (National Bank of Romania) after quotes on the Bucharest forex market were pushed to...
NBR: Banks can easily take up to 19% RON decline
The National Bank has come to the conclusion that a 19% exchange rate increase would not have significant effects over banks' balance sheets or gains, given that they have low foreign curren...
Banks return to NBR for consultations
The representatives of the NBR (National Bank of Romania) could provide consulting services for commercial banks for the new crediting norms this week, says Radu Ghetea, chairman of the Roma...
NBR reserves resume growth in May
The foreign currency reserve of the National Bank of Romania (NBR) started to rise again in May, after three consecutive months spent in decline. In May the reserves saw a 525.5 million-euro...
Savings still strong after NBR cuts interest
The appetite of the population for saving has remained robust, with RON deposits seeing a record increase, by almost 43% in real terms at the end of April against the same month last year. T...
Ten non-bank financial institutions registered by the NBR in May
The NBR (National Bank of Romania) has so far registered 118 non-bank financial institutions in the General Register, from a total of 266 companies that submitted the necessary papers. The f...
NBR: exchange rate to set the tone for price variation
The monetary policy signals sent by the NBR (National Bank of Romania) by means of the interest rate channel, have continued to be weakened by the central bank being a net debtor to commerci...