You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialise correctly.

Private consumption, economic growth engine 2012

According to Romania’s representative at the IMF, the slowdown of reforms within state-owned companies will force the international financial institution to impose strict measures.

31 Oct 2011 view

Isarescu: “Famous” regulations do not impose restrictions on foreign currency loans for home-buyers

The National Bank of Romania (BNR)’s Board of Administration approved on Friday a new set of rules concerning loans to individuals, on which occasion the BNR governor Mugur Isarescu stated that the Cen­tral Bank would not impose restrictions on foreign currency loans for home-buyers and that the initial provisions had merely been “tweaked”, without undergoing too many changes, Mediafax reports.

31 Oct 2011 view

WB: Foreign investments in Romania created less added value than Romanian ones

The annual increase of the added value produced by foreign companies in Romania was of just 2.6 pc between 2003 and 2008, while in the case of local companies the growth topped 5.9 pc, according to data released by the World Bank (WB), quoted by Mediafax.

31 Oct 2011 view

KPMG: Banks, still cautious about crediting local real estate

The Romanian real estate sector is still in a relative stagnation, and banks will probably keep a cautious stance about lending in the future too, given the share held by bad loans in their portfolios, finds a study of the consulting company KPMG – Klynveld Peat Main Goerdeler – quoted by Mediafax.

31 Oct 2011 view

Deposits made by companies and population soar to RON 181 bln

The bank deposits of companies and population soared by 1.7 pc in September against August, and by 6.6 pc against September 2010, to RON 181 bln, driven by savings in the national currency, according to data released yesterday by the National Bank of Romania (BNR), reads a press release.

31 Oct 2011 view

FirstPrev 1 2 3 4 5 ... next ›last »

More than:

14.000

disbursed loans

RON 190.500.000

disbursed value

17.500

jobs sustained

You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialise correctly.