NBR
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NBR leaves interest rate unchanged, but sparks debate among analysts
The National Bank kept the key interest rate on RON-denominated loans at 6.25% a year for the fourth time in a row, but the decision sparked a rift among analysts, with some saying the monet...
NBR to keep interest rate at 6.5%, the highest in the region
The NBR (National Bank of Romania) today will leave the RON interest rate unchanged, at 6.25% a year, and will not change the minimum reserve requirements, either, anticipate unanimously the...
Bogza, Bancpost: Clients who are now going to court against banks should not expect help in the future
Clients who have got into a conflict with the banks they took out loans from, in order to get their instalments reduced, should think about the fact that in the future they have very little...
Bogza, Bancpost: One needs to stimulate the economy to revive lending
Loan demand from the private sector is very weak and the National Bank has no levers to intervene, with measures that will target the resumption of economic growth in general being needed, b...
Analysts: NBR will keep its interest rate unchanged at 6.25% this time, too
The National Bank will keep its RON benchmark rate at the current level of 6.25% per annum and will not operate any change in terms of minimum reserves, either during its Wednesday monetary...
Popa, NBR: Major banking groups need to be more closely supervised at home
Bank regulation needs to be more tightly correlated at a European level, says Cristian Popa, NBR vice-governor in charge with financial stability, because supervisors of host-countries, wher...
Head of euro zone, Trichet, to attend NBR's 130th anniversary on Sunday
Jean-Claude Trichet, European Central Bank president, will be in Bucharest on Sunday to deliver a speech before the gala concert to take place in the evening at Ateneul Român for NBR's 130th...
Volume of loans granted by NBFIs, down by 600m euros in H1
Non-bank financial institutions (NBFI) have frozen funding this year, with sums paid back topping the new money lent mainly to individuals and services companies, show NBR data.
NBR: The law now forces banks to cut interests of old loans, hurting their revenues
The current version of Emergency Ordinance 50 of June 11, regulating consumer loans, forces banks to reduce the cost of current variable-interest loans by applying the margin set in the cont...