At end-August 2021, broad money (M3) amounted to RON 533,282.4 million, up 1.5 percent (1.3 percent in real terms) month on month and 17.8 percent (11.9 percent in real terms) year on year, Romanian Central bank (BNR) informs. At end-August 2021, loans to non-government sector granted by credit institutions increased 1.0 percent (0.8 percent in real terms) from July 2021 to RON 309,691.2 million. RON-denominated loans, representing 71.3 percent of total volume of loans to non-government sector, moved up 1.3 percent, whilst foreign currency-denominated loans, representing 28.7 percent of total loans to non-government sector, increased 0.3 percent when expressed in RON (down 0.03 percent when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 12.8 percent (7.2 percent in real terms), on the back of the 17.5 percent increase in RON-denominated loans (11.6 percent in real terms) and the 2.7 percent rise in foreign currency-denominated loans expressed in RON (up 0.7 percent when expressed in EUR). Credit to general government went up 0.5 percent in August 2021 from the previous month to RON 160,434.0 million and 18.0 percent (12.1 percent in real terms) year on year. Deposits of non-government resident customers stood 1.7 percent higher month on month at RON 449,906.6 million and the annual growth rate was 15.5 percent (9.7 percent in real terms). RON-denominated deposits of residents, representing 64.8 percent of deposits of non-government customers, rose 1.9 percent to RON 291,692.5 million month on month and 16.1 percent (10.3 percent in real terms) year on year. RON-denominated household deposits decreased by 0.2 percent to RON 158,345.1 million month on month and advanced 12.6 percent (7.0 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) went up 4.7 percent (to RON 133,347.4 million) month on month and 20.6 percent (14.6 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 35.2 percent of total volume of deposits of non-government customers, increased by 1.3 percent against July 2021 to RON 158,214.1 million when expressed in domestic currency (when expressed in EUR, these deposits moved ahead 1.0 percent to EUR 32,060.9 million). In year-on-year comparison, this indicator grew 14.2 percent when expressed in RON and 12.1 percent when expressed in EUR. Foreign currency-denominated deposits of households went up 1.2 percent from July 2021 to RON 113,144.1 million when expressed in RON (up 0.9 percent when expressed in EUR). On an annual basis, this indicator expanded by 12.9 percent when expressed in domestic currency and by 10.8 percent when expressed in EUR. Foreign currency-denominated deposits of other sectors advanced 1.6 percent against July 2021 to RON 45,070.0 million when expressed in RON (1.2 percent when expressed in EUR). Compared to August 2020, this indicator moved up 17.6 percent when expressed in RON (15.4 percent when expressed in EUR).
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
