At end-March 2022, broad money (M3) amounted to RON 567,285.5 million, down 0.6 percent (or 2.4 percent in real terms )month on month. In year-on-year comparison, broad money rose by 13.6 percent (3.2 percent in real terms), the Na?ional Bank of Romania (BNR) informs. At end-Maech 2022, loans to non-government sector granted by credit institutions increased 1.6 percent (down 0.3 percent in real terms) from February 2022 to RON 336,132.6 million. RON-denominated loans, representing 72.7 percent of total volume of loans to non-government sector, moved up 1.9 percent, whilst foreign currency-denominated loans, representing 27.3 percent of total loans to non-government sector, grew 0.8 percent when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 15.7 percent (5.0 percent in real terms), on the back of the 20.0 percent increase in RON-denominated loans (8.9 percent in real terms) and the 5.6 percent rise in foreign currency-denominated loans expressed in RON (up 5.1 percent when expressed in EUR). Credit to general government decreased 1.6 percent in March 2022 from the previous month to RON 164,033.9 million. In year-on-year comparison, this indicator increased 6.2 percent (down 3.5 percent in real terms). 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). 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).
JW Marriott Bucharest Grand Hotel marks a milestone that goes far beyond an anniversary this year. It celebrates 25 years of stories — of people, vision, and the unwavering belief that hospitality has the power to shape a city’s spirit. “Marking 25 years is, first and foremost, a statement of trust. Guests have chosen JW […]
Three-quarters of Romanian citizens believe that the national healthcare system offers poor services, and 70% think that it is overstretched, according to the seventh edition of the Ipsos global report on health services, carried out in 30 countries, including Romania. The study analyzes the population’s perceptions of healthcare systems, major issues in the field, and […]
An 11-story building is currently being built next to the graves in Bucharest’s famous Bellu Cemetery, and the project, authorized by the District 4 City Hall in 2023, has sparked controversy in the context of local elections for general mayor. District 4 City Hall, led by Daniel Băluță, currently a candidate for the position of general […]
Romania is preparing to select its first-ever national team for the Bocuse d’Or, marking the country’s official debut in the prestigious culinary competition. The Bocuse d’Or Romania National Selection will take place on November 27 in Brașov, where five teams will compete over six hours for a single place in the 2026 Bocuse d’Or Europe […]
Prosecutors and police in Romania conducted 17 searches on Tuesday, November 25, in a case concerning falsified documents for persons from Russia, Ukraine, the Republic of Moldova, and other states of the former USSR. The searches mainly took place in Suceava county, on the border with Ukraine, but also in Bucharest. Some of the targeted individuals […]
HILS Development has announced a EUR 200 million investment in a new large-scale mixed-use residential project in northern Bucharest, marking the company’s expansion into one of the capital’s most dynamic growth areas. The development, called HILS Nord, will span 10 hectares near Lake Șaulei and feature 2,705 apartments alongside green spaces, retail areas, and other […]
