Archive » February 2009 » 27 February 2009 The english news from 27 February 2009
Bank of central banks: Exposure to Romania actually amounts to 100bn euros
The overall exposure of foreign banks to Romania, which includes the share corresponding to loans granted by their respective local branches, totalled almost 130 billion dollars (over 100 billion euros) in June 2008, according to data centralised by the Bank for International Settlements (B IS), which serves as a bank for central banks…
UNNPR: The number of transactions could drop by up to 50% in 2009
The number of real estate transactions could drop by 30-50 percent at least this year, considering market signals and its evolution in January, when it registered an annual 50 percent drop, said Ion Marin, Vice President of the National Union of Romanian Notaries Public (UNNPR)…
Romanians Return Cars To Leasing Companies
More and more Romanians return cars to leasing companies and if the unpaid loans will keep growing, the population will be affected, as the bank is only an intermediary, the central bank governor Mugur Isarecu said Thursday. The external capital inflows became "less generous," but there were no withdrawals within the commercial banks, but on the leasing sector, Isarescu said in a press conference…
Romania to take several loans from international institutions, central bank governor says
Romania could contract several interconditioned loans from the European Union (EU), International Monetary Fund (IMF), World Bank (WB) or the European Bank for Reconstruction and Development (EBRD), possibly on one or two years, said today the country's central lender (BNR) governor Mugur Isarescu…