NBR
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NBR: Deposit money moves to current accounts to dodge taxes
The situation of time deposits is no longer relevant given that a lot of money is registered on current accounts as a result of the solution banks came up with in order to dodge interest tax...
Three months of decline for NBR reserves
Foreign currency reserves of the NBR saw their third consecutive decline in April, falling to 21.41 billion euros. Last month, net foreign currency outflows from the reserves of the central...
Negritoiu: NBR should get down from its ivory tower
It is unacceptable that only five years before entering the pre-euro adoption phase, the financial market should be as rudimentary as it was five years ago, that it should not have long-term...
NBR: 40% debt cap only under certain conditions
The National Bank has warned banks that the new upper indebtedness level for a client, set at 40% of eligible incomes until the internal credit norms of each bank are approved, can only be a...
Non-banking financial companies to report credit rating to the NBR
Non-banking financial companies (NBFCs) will make a quarterly report to the NBR (National Bank of Romania) on the categorisation of credits and on the necessary amount of specific credit ris...
Bankers drop down payment on loans in anticipation of new NBR regulations
Bankers are getting ready to announce cuts in the minimal down payment they require from those taking out a real estate loan, without waiting for the regulation of the NBR lifting the restri...
NBR sees many uncertainties around RON/EUR exchange rate
There is a "high degree of uncertainty" regarding the future trend of the RON exchange rate, with the possible risk of "diluting" the correlation with the economic basic structure and of ris...
NBR sees 1.9bn-euro operating losses
The National Bank closed 2006 with operating losses worth 6.6 billion RON (1.9 billion euros), twice as much as in 2005, according to statistics released. "Weere still seeing losses, but we...
NBR rate cut caused by fear of some major risks
The NBR expects the inflation rate to reach a level of 4.3% in Q1, climb to 4.7% in Q3, settle at 4.6% by the yearend, and stay there in Q1, 2008, as well. In addition, according to the late...