Archive » January 2009 » 23 January 2009 The english news from 23 January 2009
BCR sells 32 million-euro retail loans in December
The sales of retail loans fell 60% at BCR, the largest bank in the system, in the last quarter of last year compared with the third, due to the harsher regulations set by the NBR, as well as to the interest rate raises operated by banks.…
IMF: A credible budget for Romania should come first
The top priority of Romania's Government must be a credible budget, and not the possibility of an external loan, according to the Representative of the International Monetary Fund (IMF) in Romania and Bulgaria, Juan Fernandez-Ansola.…
Romanian PM Chancellery To Be Restructured, 40% Of Positions Cut
Romanian Prime Minister's Chancellery will be restructured and around 40% of the positions stipulated in the institution's organizational chart will be cut, governmental sources told MEDIAFAX Thursday.…
Banks, allowed by the amended norms to give mortgage loans without doing a stress test
Romanian banks are permitted to grant mortgage loans without establishing a maximum degree of indebtedness and can do without a stress test assessing the foreign currency, interest and commission risks, the central bank's BNR amended lending rules published today in the Official Gazette stipulate.…