At end-May 2025, broad money (M3) amounted to RON 749,940.4 million, up 0.9 percent month on month, the Central Bank (BNR) informs. In year-on-year comparison, broad money rose by 8.7 percent (3.1 percent in real terms). At end-May 2025, loans to non-government sector granted by credit institutions increased 1.5 percent (1.0 percent in real terms) from April 2025 to RON 431,750.4 million. RON-denominated loans, representing 69.8 percent of total volume of loans to non-government sector, grew by 1.0 percent, whilst foreign currency-denominated loans, holding 30.2 percent of total loans to non-government sector, picked up by 2.6 percent when expressed in RON (0.8 percent when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 9.7 percent (4.0 percent in real terms), on the back of the 11.3 percent increase in RON-denominated loans (5.6 percent in real terms) and the 6.2 percent rise in foreign currency-denominated loans expressed in RON (4.3 percent when expressed in EUR). At end-May 2025, credit to general governement granted by credit institutions increased 3.4 percent from April 2025, to RON 260,402.1 million. In year-on-year comparison, this indicator grew by 21.5 percent (15.2 percent in real terms). Deposits of non-government resident customers rose by 0.8 percent month on month to RON 634,418.3 million, while the annual growth rate was 7.1 percent (1.6 percent in real terms). RON-denominated deposits of residents, representing 67.6 percent of deposits of non government customers, decreased 2.4 percent to RON 428,899.3 million month on month. In year-on-year comparison, they advanced 2.5 percent (-2.8 percent in real terms). RON-denominated household deposits decreased 2.9 percent to RON 249,518.4 million month on month and grew by 8.0 percent (2.4 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) went down 1.8 percent (to RON 179,381.0 million) month on month and 4.3 percent (-9.3 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 32.4 percent of the total volume of deposits of non-government customers, increased 8.2 percent against April 2025 to RON 205,518.9 million when expressed in domestic currency (when expressed in EUR, these deposits rose by 6.3 percent to EUR 40,585.1 million). Compared to May 2024, this indicator grew by 18.3 percent when expressed in RON (16.2 percent when expressed in EUR). Foreign currency-denominated deposits of households advanced 6.6 percent from April 2025 to RON 138,336.0 million when expressed in domestic currency (when expressed in EUR, these deposits rose by 4.8 percent to EUR 27,318.1 million). In year-on-year comparison, the indicator increased 14.9 percent when expressed in RON (13.0 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors picked up by 11.6 percent against April 2025 to RON 67,182.9 million when expressed in domestic currency (when expressed in EUR, these deposits increased by 9.7 percent to EUR 13,267.0 million). Compared to May 2024, the indicator rose by 25.8 percent when expressed in RON (23.6 percent when expressed in EUR).
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
