deposits

Romania Private Lending Grows 0.8% on Month in January

Private lending in Romania grew 0.8% in nominal terms and 0.4% in real terms in January compared with December 2019, to RON269.646 billion, central bank data showed Tuesday. Local currency lending, which accounted for 67.3% of all private lending in Romania, increased 0.2% on the month in January but declined by 0.2% in real terms. […]

Romania Private Lending Grows 0.4% in May

Private lending in Romania grew a slight 0.4% (-0.1% in real terms) in May compared with April, to RON257.539 billion, central bank data showed Thursday.

Romania Private Lending Grows 0.1% on Month in December 2018

Romanian private lending grew a marginal 0.1% (declined 0.02% in real terms) in December 2018 compared with November, to RON251.05 billion, central bank data showed Friday.

Romanian Lenders Pay Excessive Interests On FX Deposits – Ctrl Bk Gov

Romanian lenders pay surprisingly high interests on foreign currency deposits compared to international rates, central bank governor Mugur Isarescu said Thursday.

Credit Europe Bank Pays Back People Whose Accounts Were Emptied

Romania’s Credit Europe Bank, the local subsidiary of Credit Europe Bank N.V., started paying back clients of its branch in Brasov, central Romania, who had money drawn from their accounts without their permission, the bank said Thursday.

Romania Ctrl Bank Head Says Interest Rates On Deposits Too High

Romanian central bank governor Mugur Isarescu on Thursday said local lenders pay high enough interest rates on leu-denominated deposits, despite being below the forecast year-end inflation level of 8%.

Romanian Bks Assoc Head: 2-3% Hike In ’10 Pvt Lending Would Be Good After ’09 Decline

Romanian private lending was on downward trend in 2009 and an increase of 2% up to 3% in 2010 would be good news, the Romanian Banking Association ARB president Radu Ghetea told MEDIAFAX.

Romanian Bks To First Cut Interest Rates For Deposits, Then For Loans –Ctrl Bker

The Romanian banks will first of all cut the interest rates at deposits and then those at loans, following central bank’s decision to cut the key monetary policy rate, Adrian Vasilescu, advisor of BNR governor said Thursday.

EC Proposes Hike Of Min Deposit Guarantee To EUR100,000

The European Commission has proposed to increase the minimum deposit guarantee threshold to EUR100,000 in one year, from EUR20,000 at present, while the payout period in the event of bank failure is to be reduced from three months to three days, the Commission said.

Ctrl Bker: 99.2% Of Romanian Bank Deposits Below EUR20,000 Guarantee Threshold

Central bank governor Mugur Isarescu said Monday that 99.2% of Romanian bank deposits are below EUR20,000, adding that an increase in minimum deposit guarantee was not necessary, but the authorities are obliged to comply with the European Union norms.

Romanian Ctrl Bker: People Shouldn’t Withdraw Deposits, No Bk Has Problems

Deposits in the Romanian banking system are safe, as no bank is confronting liquidity problems for the moment, the head of the National Bank of Romania’s supervision department Nicolae Cinteza said Wednesday.

Romania July Pvt Resident Deposits Up 35.2% YY To RON140.36B

Private resident deposits rose 35.2% on the year in July to 140.36 billion lei (EUR1-RON3.5455), Romania’s central bank said Tuesday.

Romania June Pvt Resident Deposits Up 40.1% YY To RON140.72B

Private resident deposits rose 40.1% on the year in June to 140.72 billion lei (EUR1-RON3.5842), Romania’s central bank said Wednesday.

Romanian Ctrl Bk Fails To Attract Deposits As Mkt Interest Rates Are Higher

The auction organized by Romania’s central bank Monday to drain excess liquidity off the market, as no lending institution took part in the operation, considering commercial banks offer interests ranging between 10.69% - 11.22% for one-week deposits, while the central bank offers 10%.

Romania’s Romgaz To Ink Lease Deals For Gas Deposits In Poland, Slovakia

Romgaz Medias, one of Romania’s largest gas producers, will sign in a few weeks lease deals for gas deposits exploitation in Poland and Slovakia, the company’s deputy general manager Lucian Stancu said Friday.

Romania’s Ctrl Bk To Cut Deposit Maturity To One Week

Romania’s central bank considers reducing to one week the timetable for deposits attracted from commercial lenders, deputy director with the bank’s monetary policy division, Dorina Antohi, said Thursday.