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).
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
