Romania: National Bank Keeps Monetary Policy Rate at 6.50 pc
In its meeting on 8 November 2024, the Board of the National Bank of Romania decided the following: to keep the monetary policy rate at...
Category : Finance
Revolut to Launch Romanian Branch: What Customers Need to Know
Revolut is set to establish a branch in Bucharest, marking a significant step in its expansion within the Romanian market. This development is part of...
Romania: National Bank Lowers Monetary Policy Rate to 6.50% per Annum
In its meeting on 7 August 2024, the Board of the National Bank of Romania decided the following: to cut the monetary policy rate to 6.50 percent per...
Top Banks by Assets Romania: A Comprehensive Ranking for 2024
According to the latest report from the National Bank of Romania, the country’s banking sector remains a critical pillar of its national economy, reflecting significant...
Intesa Sanpaolo’s Expansion in Romania after Acquiring First Bank from J.C. Flowers & Co.
On May 31, 2024, Intesa Sanpaolo, a prominent Italian banking group, announced the completion of its acquisition of First Bank S.A., a Romanian bank, from...
Intesa Sanpaolo Bank To Finance Green Public Transport Project in Bucharest
Intesa Sanpaolo Bank wins the tender for financing the green public transport project in Bucharest. Intesa Sanpaolo Bank, the Romanian subsidiary of the Intesa Sanpaolo...
Romanian Neobank SALT: All You Need To Know
The Romanian banking landscape is undergoing a significant transformation with the arrival of neobanks. SALT, launched in April 2024, stands out as the first entirely...
Romania: Despite High Inflation Rate, National Bank Maintains Monetary Rate at 7pc
In its meeting of 4 April 2024, the Board of the National Bank of Romania decided: to keep the monetary policy rate at 7.00 percent...
Romania’s GDP Per Capita Is Close to Poland’s
Eurostat shows that in 2023, Luxembourg, Ireland, and the Netherlands remained the wealthiest European nations, while France is at the EU average, Germany is just...
Romania: Living On Credit
In January 2024, the balance-of-payments current account posted a deficit of EUR 1,358 million, compared with EUR 760 million in January 2023. The breakdown shows...
