NBR
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NBR sets its sights on bankers' salaries: payments of above 1m euros, to be reported
The National Bank is to collect information on payments of above 1m euros made by banks, which it will report further to the Committee of European Banking Supervisors.
NBR on levying additional taxes on banks: We will abide by the European decision
The notion of levying additional taxes on banks considered to be responsible for setting off the current international crisis, which is starting to crystallise among EU decision makers, is r...
NBR: Resuming economic growth is up to Government
The National Bank yesterday left unchanged the key interest rate on RON-denominated loans at 6.25% per annum, as well as banks' minimum reserve requirements, as analysts had unanimously anti...
Isarescu: NBR could move to tightening monetary policy because of inconsistency of policies
The VAT hike significantly affected the monetary policy trend and interrupted the central bank's cycle of cutting the monetary policy interest rate, with there even being the risk of a rever...
Dănilă, NBR: Bankrupting customers is not how you plug losses
Banks need to urgently resume lending in order to support the economy, while losses in the banking sector cannot be plugged by driving customers to bankruptcy, believes Nicolae Dănilă, a mem...
Inflation outburst will force the NBR to hike the interest rate, analysts believe
The National Bank is likely to raise the benchmark interest rate for RON in November or early next year at the latest from the current level of 6.25% per annum, because of food rising prices...
Isărescu enters into debate with businesspeople over "real exchange rate"
Governor Mugur Isărescu explained yesterday that the NBR (National Bank of Romania) intervenes to correct too ample exchange rate fluctuations that would harm the economy, but says the euro...
Almost one fifth of loans heading to "loss" category
More than 19% of loans and interest rates registered in banks' balance sheets were classified as "doubtful" and "loss" at the end of August, a new negative record for the deterioration of ba...
NBR has spent 11bn euros to defend the RON since crisis started, ING says
The National Bank of Romania has spent around 11 billion euros to stabilise the exchange rate since the onset of the financial crisis on the Romanian market in October 2008, believe ING Bank...