According to the Central Bank (BNR) data, at end-December 2021, broad money (M3) amounted to RON 564,423.6 million, up 3.1 percent month on month and 15.8 percent (7.0 percent in real terms) year on year. At end-December 2021, loans to non-government sector granted by credit institutions increased 0.7 percent (down 0.01 percent in real terms) from November 2021 to RON 324,227.9 million. RON-denominated loans, representing 72.4 percent of total volume of loans to non-government sector, moved up 1.3 percent, whilst foreign currency-denominated loans, representing 27.6 percent of total loans to non-government sector, decreased 1.0 percent when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 14.8 percent (6.1 percent in real terms), on the back of the 19.6 percent increase in RON-denominated loans (10.6 percent in real terms) and the 3.9 percent rise in foreign currency-denominated loans expressed in RON (up 2.2 percent when expressed in EUR). Credit to general government went up 9.0 percent in December 2021 from the previous month to RON 172,628.2 million and 18.6 percent (9.6 percent in real terms) year on year. Deposits of non-government resident customers stood 3.6 percent higher month on month at RON 479,302.9 million and the annual growth rate was 13.9 percent (5.3 percent in real terms). RON-denominated deposits of residents, representing 65.0 percent of deposits of non-government customers, increased 4.6 percent to RON 311,439.6 million month on month and rose 13.5 percent (4.9 percent in real terms) year on year. RON-denominated households deposits increased by 2.5 percent to RON 165,023.8 million month on month and advanced 9.0 percent (0.7 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) moved up 7.2 percent (to RON 146,415.8 million) month on month and increased 19.1 percent (10.1 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 35.0 percent of total volume of deposits of non-government customers, increased by 1.8 percent against November 2021 to RON 167,863.3 million when expressed in domestic currency (when expressed in EUR, these deposits moved ahead 1.8 percent to EUR 33,924.8 million). In year-on-year comparison, this indicator grew 14.7 percent when expressed in RON and 12.9 percent when expressed in EUR. Foreign currency-denominated deposits of households went up 1.8 percent from November 2021 to RON 118,845.4 million when expressed in RON (up 1.8 percent when expressed in EUR). On an annual basis, this indicator expanded by 12.9 percent when expressed in domestic currency and by 11.1 percent when expressed in EUR. Foreign currency-denominated deposits of other sectors advanced 1.9 percent against November 2021 to RON 49,017.9 million when expressed in RON (2.0 percent when expressed in EUR). Compared to December 2020, this indicator moved up 19.3 percent when expressed in RON (17.4 percent when expressed in EUR).
Voxxed Days Bucharest 2025, an event dedicated to IT professionals and software developers, will take place on March 26-27, 2025, at Crowne Plaza Hotel Bucharest. This year, the conference reaches the next level by emphasizing the development of intrapreneurial skills among software developers - an essential step in shifting from an outsourcing-based...
Exim Banca Romaneasca continues to expand its portfolio of digital services and now offers individual customers the possibility to update their personal data entirely electronically via internet/mobile banking. This convenient and accessible method allows for periodic data updates anytime and from anywhere, without the need to visit a branch. To update their data via internet/mobile […]
Iulia Boldor, better known as Yushia, is a women’s trailblazer in the traditionally male esports world. The rising industry has found room for female representation in recent years, and the 22-year-old Romanian is at the forefront of its most popular gaming competitions, the League of Legends professional tournaments, as part of the French esports organization […]
The renowned therapist will be in Romania for the first time as part of DiFine Your Essence, a series of events combining personal, professional, and spiritual development Lin Holmquist, one of Europe’s most respected Tantra and personal transformation facilitators, will be in Romania for the first time from June 27-29 as part of EnlightX, the […]
Holcim Romania has invested over EUR 700,000 in its Stăncești aggregate plant in Prahova county, with more than EUR 450,000 dedicated to a state-of-the-art water recycling and purification system. This investment significantly reduces the plant’s water consumption by approximately 80%, the company said. “This investment is a clear demonstration of our commitment to improving operations […]
Romanian far-right leaders George Simion (AUR) and Anamaria Gavrilă (POT) have announced their candidacies for Romania’s 2025 presidential election following the invalidation of Călin Georgescu’s bid. The two politicians stated that only one of them would remain in the race after their candidacies are officially validated. Simion, the leader...
