National Bank of Romania

Banks in Romania foresee that lending conditions will be left unchanged over the next quarter - Q3 2019 - for both types of loans to households, mortgage and consumer loans. As for non-financial corporations, banks anticipate a moderate tightening of credit standards, regardless of the company size, according to a lending survey conducted by the National Bank of Romania (BNR).

The 3-month Romanian Interbank Offered Rate ROBOR, against which the cost of variable-interest rate loans denominated in lei is calculated, dropped slightly to 3.06 percent per annum, from 3.07 percent per annum, quotation it stood at for six days, according to data released by the National Bank of Romania (BNR).

The annual inflation rate rose to 4.1 pct, in July this year, from 3.84 pct in June, due to the 15-percent price hike in food commodities, in services by 4.11 percent and non-food goods by 3.44 pct, according to data from the National Institute of Statistics (INS) published on Monday. "Consumer prices in July 2019 compared to July 2018 increased by 4.1 pct.

Romania does not register a drop in lending, but a reduction in the lending growth pace below 8 pct in the past months, on Thursday said the Governor of the National Bank of Romania (BNR) Mugur Isarescu, when displaying the quarterly inflation Report. "An annual growth of 8 per cent.

The National Bank of Romania (BNR) is keeping the year-end inflation target at 4.2pct, estimating a 3.4-pct 2020 year-end inflation, BNR Governor Mugur Isarescu said Thursday upon releasing the bank's quarterly inflation report. In May 2019, BNR was expecting year-end inflation to stay at 3.3pct in December 2020.

Consumer prices dropped 0.23 per cent in June 2019 compared with the previous month and by 2.98 per cent compared with the end of last year (December 2018), while the annual inflation rate went down to 3.84 per cent, because of the drop in prices for food stuffs by 0.47 per cent, non-food stuffs by 0.24 per cent, and the increase in services by 0.17 per cent, according to data released by the N

June 2019 inflation in Romania may fall below 4pct, according to market data with the National Bank of Romania (BNR), BNR Governor Mugur Isarescu said on Thursday at a news conference. "There will be no rampaging inflation in Romania, because we are here too.

Governor of the National Bank of Romania (BNR) Mugur Isarescu said on Wednesday, after Parliament appointed in a joint session the members to the new BNR board of directors, that BNR is mandated to prepare Romania to enter the Eurozone .

In a joint meeting on Wednesday, the Chamber of Deputies and the Senate appointed members to the Board of Directors of the National Bank of Romania (BNR), the Fiscal Council, and also nominated the chairman of the National Audio-Visual Council (CNA). The voting was secret, with ballot papers.

The Senate and the Chamber of Deputies gathered on Wednesday in a joint extraordinary session to appoint the new members of the Board of Directors (BD) of the National Bank of Romania (BNR), the Fiscal Council and the president of the National Audiovisual Council (CNA).