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).
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
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 […]
