According to the Central Bank (BNR) data, at end-May 2024, broad money (M3) amounted to RON 690,193.4 million, up 0.2 percent (0.3 percent in real terms) month on month. In year-on-year comparison, broad money rose by 10.5 percent (5.1 percent in real terms). At end-May 2024, loans to non-government sector granted by credit institutions increased 0.5 percent (0.6 percent in real terms) from April 2024 to RON 393,510.4 million. RON-denominated loans, representing 68.8 percent of total volume of loans to non-government sector, grew by 0.6 percent, whilst foreign currency-denominated loans, holding 31.2 percent of total loans to non-government sector, rose by 0.2 percent when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 5.7 percent (0.5 percent in real terms), on the back of the 7.6 percent increase in RON-denominated loans (2.4 percent in real terms) and the 1.6 percent rise in foreign currency-denominated loans expressed in RON (1.4 percent when expressed in EUR). At end-May 2024, credit to general government granted by credit institutions decreased by 4.9 percent from April 2024, to RON 214,666.6 million. In year-on-year comparison, this indicator grew by 16.4 percent (10.8 percent in real terms). Deposits of non-government resident customers rose by 0.5 percent month on month to RON 592,575.8 million, while the annual growth rate was 11.0 percent (5.6 percent in real terms). RON-denominated deposits of residents, representing 70.7 percent of deposits of non government customers, picked up by 0.7 percent to RON 418,806.0 million month on month. In year-on-year comparison, they advanced by 15.2 percent (9.6 percent in real terms). RON-denominated household deposits decreased by 0.1 percent to RON 230,987.3 million month on month and rose by 21.3 percent (15.4 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) advanced 1.7 percent (to RON 187,818.7 million) month on month and rose by 8.5 percent (3.2 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 29.3 percent of the total volume of deposits of non-government customers, increased by 0.05 percent against April 2024 to RON 173,769.8 million when expressed in domestic currency (when expressed in EUR, these deposits rose by 0.03 percent to EUR 34,916.7 million). Compared to May 2023, this indicator grew by 2.0 percent when expressed in RON (1.9 percent when expressed in EUR). Foreign currency-denominated deposits of households went down 0.2 percent from April 2024 to RON 120,352.7 million when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, the indicator decreased by 0.3 percent when expressed in domestic currency (-0.5 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors advanced by 0.7 percent against April 2024 to RON 53,417.2 million when expressed in RON (when expressed in EUR, these deposits increased by 0.6 percent to EUR 10,733.4 million). Compared to May 2023, the indicator rose by 7.8 percent when expressed in RON (7.7 percent when expressed in EUR).
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Renting is steadily becoming more common in Romania, as access to credit becomes increasingly difficult. As such, even though rents traditionally tend to decrease in October, this year they have kept steadily increasing in most major cities. Traditionally, the demand for rentals increases in August and September, when students return to the major university cities. […]
Demand for logistics and industrial space in Romania reached 750,000 square meters in the first nine months of 2025, a 30% increase compared with the same period last year, according to the Romania Industrial Marketbeat Q3 2025 report by real estate consultancy company Cushman & Wakefield Echinox. If the current pace continues, the total volume […]
Documentary Mondays and Fiction Tuesdays, the programs of the Czech Center in Bucharest, return between November 10 and November 25 with screenings of six contemporary and classic European films. Documentary Mondays, the Czech Center's longest-running film program, proposes documentaries that reflect on the present, memory, trauma, and the ways in which we relate to the […]
Booking Holdings Romania, Servier Pharma, JYSK Romania, Schneider Electric, and Deichmann are the most appreciated companies by their own employees, according to Top Employers Undelucram.ro 2025. The list is based exclusively on feedback from employees rather than public image or marketing perception. The ranking made by Undelucram.ro, a leading online employee community in Romania, is […]
On New Year’s Eve, the local authorities in Constanța will no longer organize the traditional fireworks display. The decision was made to protect animals as well as the environment. The seaside city of Constanța thus joins a growing list of cities in Romania to ban fireworks, Digi24 reported. Cluj-Napoca, Ploiești, Iași, and Brașov...
