Deposits of non-governmental residents increased in July 2021 by 1 pct compared to the previous month, to the level of 442.334 billion RON and by 15.3 pct (9.9 pct in real terms) compared to July 2020, informs the National Bank of Romania (BNR), in a press release sent on Tuesday.Deposits in RON of the residents, with a share of 64.7 pct in the total deposits of non-governmental customers, increased by 0.5 pct compared to June 2021, up to 286.136 billion RON and by 16.4 pct (10.9 pct in real terms) compared to July 2020.According to the National Bank of Romania, deposits in RON of households increased by 0.6 pct compared to the previous month, up to 158.737 billion RON, and compared to July 2020 they recorded an increase of 13.1 pct (7.8 pct in real terms).The RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) increased by 0.3 pct (up to 127.399 billion RON) compared to the previous month and by 20.8 pct (15.1 pct in real terms) compared to July 2020.Deposits in foreign currency of residents, expressed in RON, representing 35.3 pct in the total volume of deposits of non-governmental customers, increased by 1.9 pct compared to June 2021, reaching the level of 156.197 billion RON (expressed in euro, they increased by 2.0 pct, up to 31.748 billion euros). Compared to July 2020, the indicator increased by 13.3 pct, expressed in RON and by 11.3 pct, if expressed in euro.Foreign currency deposits of households, expressed in RON, increased by 1 pct compared to June 2021, up to 111.815 billion RON; expressed in euros, they increased by 1.1 pct. Compared to the same period of 2020, the increase of this indicator expressed in RON was of 12.2 pct (10.2 pct, if the indicator is expressed in euro).Deposits in foreign currency of other sectors, expressed in RON, increased by 4.4 pct compared to June 2021, to 44.381 billion RON (4.5 pct when the indicator is expressed in euro). Compared to July 2020, this indicator, expressed in RON, increased by 16.3 pct (if expressed in euro, the increase was of 14.2 pct).
Rock star Marilyn Manson will return to Romania next summer to perform at Rockstadt Extreme Fest, organizers announced on Tuesday, December 2. He is among the headliners confirmed for the local rock and metal festival, which will take place from July 27 to 31 in Ghimbav, Brașov county. “For the first time ever, Marilyn Manson […]
Romania’s government has assumed responsibility in Parliament for legislation reforming magistrates’ pensions, prime minister Ilie Bolojan announced on December 2. He said the draft law had received the opinion of the High Court of Cassation and Justice, noting that the court’s assessment was negative. It is the government’s second attempt to have the bill promulgated, […]
Romania Education Alliance (REA), the first private school network in the country, announced it has exceeded the milestone of 1,000 students enrolled across its member schools just one year after launch. "The fact that we surpassed 1,000 students in our very first year of activity shows that the REA model addresses a real need in […]
Genesis College, one of the largest private educational institutions in Romania, announced the regulatory approval of the transaction through which the investment firm Mozaik Investments becomes its majority shareholder. The transaction, signed at the end of July, received all necessary approvals from the Competition Council on November 25, and, formally, the entire investment procedure is […]
The European Bank for Reconstruction and Development (EBRD) is lending up to EUR 29.9 million to the Romanian city of Brasov to finance energy efficiency upgrades in public buildings, initiating the city’s participation in the Bank’s flagship EBRD Green Cities programme. The Bank’s investment will fund the renovation of up to 20 public buildings, including […]
This festive season, JW Marriott Bucharest Grand Hotel invites guests to embrace the extraordinary and transform each moment into a lasting memory. On New Year’s Eve, the hotel unveils The Grand Countdown — a luminous celebration of new beginnings, thoughtfully crafted across four distinctive venues, each with its own character and atmosphere. The night begins […]
