Deposits of non-government resident customers went down 0.5 percent month on month to RON 478,751.9 million, while the annual growth rate was 11.1 percent (0.9 percent in real terms), the National Bank of Romania (BNR) informs on Wednesday.RON-denominated deposits of residents, representing 62.4 percent of deposits of non-government customers, decreased 2.7 percent to RON 298,571.4 million month on month and rose 6.6 percent (down 3.2 percent in real terms) year on year.RON-denominated households deposits went down 4.8 percent to RON 156,831.2 million month on month and advanced 1.0 percent (down 8.3 percent in real terms) year on year.RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) decreased by 0.2 percent (to RON 141,740.2 million) month on month and advanced by 13.6 percent (3.1 percent in real terms) year on year.Foreign currency-denominated deposits of residents, representing 37.6 percent of total volume of deposits of non-government customers, went up 3.3 percent against February 2022 to RON 180,180.5 million when expressed in domestic currency (when expressed in EUR, these deposits moved ahead 3.3 percent to EUR 36,425.1 million). In year-on-year comparison, this indicator grew 19.5 percent when expressed in RON and 19.0 percent when expressed in EUR.Foreign currency-denominated deposits of households increased by 2.9 percent from February 2022 to RON 125,047.9 million when expressed in RON (similar evolution when expressed in EUR). On an annual basis, this indicator expanded by 14.4 percent when expressed in domestic currency and by 13.9 percent when expressed in EUR.Foreign currency-denominated deposits of other sectors advanced 4.1 percent against February 2022 to RON 55,132.7 million when expressed in RON (similar evolution when expressed in EUR). Compared to March 2021, this indicator moved up 32.8 percent when expressed in RON (32.2 percent when expressed in EUR).
The high-end natural plum jam sold by Sonimpex under the brand Topoloveni is not in demand by the target market of Cash&Carry chain Metro – owners of small proximity stores and HoReCa firms, the German retail chain said in response to discrimination accusations expressed by the Sonimpex owner, quoted by
The leader of Romania's Liberal Party (PNL), Nicolae Ciuca, formerly prime minister and currently co-president of the country's ruling coalition, confirmed for Digi24 firm plans to run in the presidential elections this autumn. This should boost the party's score in the...
Amethyst Romania, a radiotherapy clinics chain set up by the entrepreneur Ludovic Robert, has started the EUR 10 million project of a new center in the northwestern part of the country at Satu Mare. This will be the fifth Amethyst hospital dedicated to oncological treatments in Romania, after the existing units in Bucharest, Cluj-Napoca, Alba […]
Romania’s natural gas company Romgaz (BVB: SNG), with Rothschild Bank as its adviser, hired JP Morgan to lead the consortium of banks that will intermediate the sale of bonds on the foreign market under an MTN scheme aimed to finance the Black Sea gas project, Neptun Deep, Ziarul Financiar announced...
The government of Romania took steps to increase the ceiling of the Medium Term Note (MTN) scheme by EUR 7 billion to EUR 75 billion, citing the EUR 8.5 billion financing needs in 2025 but also another EUR 0.6 billion-1.6 billion issues this year and potentially EUR 1 billion in case not all the Resilience […]
Thursday the European Commission, together with Ukraine, Moldova, Romania and the US are inaugurating the renewed Ukrainian-Moldovan border crossing point in Reni, Ukraine. As part of the Solidarity Lanes initiative, the Commission supported works on this border crossing point to allow for smoother traffic flow through the border as well as better connectivity between Ukraine, Moldova […]
