According to Central bank’s data, at end-February 2024, broad money (M3) amounted to RON 677,932.3 million, up 1.3 percent (0.5 percent inreal terms) month on month. In year-on-year comparison, broad money rose by 10.7 percent (3.3 percent in real terms). At end-February 2024, loans to non-government sector granted by credit institutions decreased 0.2 percent (-1.0 percent in real terms) from January 2024 to RON 383,922.5 million. RON-denominated loans, representing 68.7 percent of total volume of loans to non-government sector, increased by 0.1 percent, whilst foreign currency-denominated loans, holding 31.3 percent of total loans to non-government sector, dropped by 0.9 percent when expressed in RON (-0.7 percent when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 4.9 percent (-2.1 percent in real terms), on the back of the 5.5 percent increase in RON-denominated loans (-1.6 percent in real terms) and the 3.7 percent rise in foreign currency-denominated loans expressed in RON (2.7 percent when expressed in EUR). Credit to general government grew by 9.2 percent in February 2024 from the previous month, to RON 218,776.5 million. In year-on-year comparison, this indicator increased by 25.3 percent (16.9 percent in real terms). Deposits of non-government resident customers rose by 1.4 percent month on month to RON 582,655.7 million, while the annual growth rate was 11.6 percent (4.1 percent in real terms). RON-denominated deposits of residents, representing 70.1 percent of deposits of non government customers, increased by 1.8 percent to RON 408,161.9 million month on month. In year-on-year comparison, they advanced by 17.5 percent (9.6 percent in real terms). RON-denominated household deposits increased by 1.5 percent to RON 223,584.8 million month on month and by 21.9 percent (13.7 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) advanced by 2.2 percent (to RON 184,577.1 million) month on month and rose by 12.5 percent (5.0 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 29.9 percent of the total volume of deposits of non-government customers, increased by 0.4 percent against January 2024 to RON 174,493.7 million when expressed in domestic currency (when expressed in EUR, these deposits rose by 0.5 percent to EUR 35,116.5 million). Compared to February 2023, this indicator dropped by 0.05 percent when expressed in RON (-1.0 percent when expressed in EUR). Foreign currency-denominated deposits of households decreased by 0.3 percent from January 2024 to RON 119,922.0 million when expressed in RON (when expressed in EUR, these deposits dropped by 0.2 percent to EUR 24,134.0 million). In year-on-year comparison, the indicator decreased 2.8 percent when expressed in domestic currency (-3.7 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors grew 2.0 percent against January 2024 to RON 54,571.7 million when expressed in RON (when expressed in EUR, these deposits rose by 2.1 percent to EUR 10,982.4 million). Compared to February 2023, the indicator increased by 6.5 percent when expressed in RON (5.5 percent when expressed in EUR).
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
Contakt Express Logistik S.A., the Romanian market leader in accessories for phones and tablets, announces the approval of its Prospectus by the Financial Supervisory Authority and the launch of its initial public offering. Following the successful closing of the offering, the company will be listed on the Bucharest Stock Exchange, on the AeRO Market, under […]
The Romanian Environment Ministry has launched a public consultation on changes to national air quality regulations that would allow residents to see real-time pollution levels, replacing the current system based on 24-hour averages. The draft order updates Order 1818/2020, which defines how air quality indices are calculated and reported nationwide. Environment minister Diana Buzoianu said […]
The Bishop of Cluj-Gherla, Claudiu Lucian Pop, has been appointed as the new Major Archbishop of the Greek-Catholic Church, a position that became vacant following the passing of 94-year-old Cardinal Lucian Mureșan in September of this year. The new leader of the Romanian Greek Catholic Church, or the Romanian Church United with Rome, was elected […]
