According to the Central Bank (BNR) data, at end-May 2024, broad money (M3) amounted to RON 690,193.4 million, up 0.2 percent (0.3 percent in real terms) month on month. In year-on-year comparison, broad money rose by 10.5 percent (5.1 percent in real terms). At end-May 2024, loans to non-government sector granted by credit institutions increased 0.5 percent (0.6 percent in real terms) from April 2024 to RON 393,510.4 million. RON-denominated loans, representing 68.8 percent of total volume of loans to non-government sector, grew by 0.6 percent, whilst foreign currency-denominated loans, holding 31.2 percent of total loans to non-government sector, rose by 0.2 percent when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 5.7 percent (0.5 percent in real terms), on the back of the 7.6 percent increase in RON-denominated loans (2.4 percent in real terms) and the 1.6 percent rise in foreign currency-denominated loans expressed in RON (1.4 percent when expressed in EUR). At end-May 2024, credit to general government granted by credit institutions decreased by 4.9 percent from April 2024, to RON 214,666.6 million. In year-on-year comparison, this indicator grew by 16.4 percent (10.8 percent in real terms). Deposits of non-government resident customers rose by 0.5 percent month on month to RON 592,575.8 million, while the annual growth rate was 11.0 percent (5.6 percent in real terms). RON-denominated deposits of residents, representing 70.7 percent of deposits of non government customers, picked up by 0.7 percent to RON 418,806.0 million month on month. In year-on-year comparison, they advanced by 15.2 percent (9.6 percent in real terms). RON-denominated household deposits decreased by 0.1 percent to RON 230,987.3 million month on month and rose by 21.3 percent (15.4 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) advanced 1.7 percent (to RON 187,818.7 million) month on month and rose by 8.5 percent (3.2 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 29.3 percent of the total volume of deposits of non-government customers, increased by 0.05 percent against April 2024 to RON 173,769.8 million when expressed in domestic currency (when expressed in EUR, these deposits rose by 0.03 percent to EUR 34,916.7 million). Compared to May 2023, this indicator grew by 2.0 percent when expressed in RON (1.9 percent when expressed in EUR). Foreign currency-denominated deposits of households went down 0.2 percent from April 2024 to RON 120,352.7 million when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, the indicator decreased by 0.3 percent when expressed in domestic currency (-0.5 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors advanced by 0.7 percent against April 2024 to RON 53,417.2 million when expressed in RON (when expressed in EUR, these deposits increased by 0.6 percent to EUR 10,733.4 million). Compared to May 2023, the indicator rose by 7.8 percent when expressed in RON (7.7 percent when expressed in EUR).
Bogdan Mircea Petre, one of the lawyers who represented far-right politician Călin Georgescu, is allegedly involved in a case of sexual assault after he was caught in the act during a meeting with a minor, according to Digi24. The “sting operation” was organized by Alex Costandachi, known in the public space as Justițiarul...
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
