Romanian Banking Association

Gov't to amend several ordinances, aimed at reducing costs of Romanians' loans, road transport (PM Dancila)

The Government will approve, on Friday, the amendment of the emergency ordinances (OUG) 114/2018, 50/2010 and 52/2016, announced Prime Minister Viorica Dancila, stating ranging among the objectives are the decrease of the loan cost for Romanians and increasing the number of Romanian companies that will receive favorable loans from banks.

Senate President says amendments can be brought to OUG 114/2018, if well substantiated

Senate President Calin Popescu-Tariceanu said on Tuesday that Government Emergency Ordinance 114/2018 on the establishment of measures in the field of public investments and fiscal-budgetary measures can be amended during the legislative process if there are well-grounded and justified proposals, saying that Romania needs a stronger banking system.

Cinteza (BNR): Banking system in Romania will end 2014 with over 2 billion lei loss

The banking system in Romania registered a 1.6 billion lei loss after the first nine months of this year and overall in 2014 the loss will easily exceed two billion lei, National Bank of Romania (BNR) Supervision Department Director Nicolae Cinteza said on Saturday in the seminar EU-COFILE, organised by BNR, the Romanian Banking Association (ARB) and Alpha Bank.