Thursday, 10 March 2011, the Bucharest branch of the National Bank of Romania hosted the opening ceremony of the Euro Exhibition. The event was attended by Mr. Mugur Isărescu, governor of the National Bank of Romania and Mr. José Manuel González-Parámo, member of the ECB’s Executive Board.rnrnThe Euro Exhibition gives visitors an empirical knowledge about the euro. The main objective of the Euro Exhibition is to raise awareness among the European public about euro banknotes and coins, in an attractive and interactive way. Visitors are invited to learn more about the euro’s security features and euro counterfeits in the five sections of the exhibition: banknotes, coins, security features, the history of money and the kids’ corner.rnrnIn his speech, Mr. Gonzáles-Paramo underlined that “certainly, one can recognise the images of bridges on the obverse of the euro banknotes. These bridges are the symbol of communication among the European nations, and between Europe and rest of the world. These bridges link the past to the present and symbolise the common European future.”rnAddressing the public, Mr. Isărescu said: “Apart from the efforts made by the central bank to raise awareness about the history of the national currency, it is only natural that Romanians be well aware of the currency of the club that we aim to be part of. Keeping the public informed is an ongoing process, prepared and unfolded long before Romania’s euro adoption.”rnrnThe travelling Euro Exhibition has thus far been hosted by Slovakia, Spain, Italy, Germany, Luxembourg, Poland and Estonia. From Bucharest, the exhibition will travel to France, Bulgaria and Greece, to all EU countries.rnrnThe exhibition will be open from 10 March to 27 May 2011, Monday to Friday, between 8 a.m. and 6 p.m., Saturday and Sunday 12 and 13 March, 16 and 17 April, 7 and 8 May between 10 a.m. and 2 p.m. See details at: http://www.bnr.ro/The-Euro-Exhibition-6572.aspx.
Nu există comentarii pentru această știre.
The neutral nominal rate in Romania has been falling since the start of inflation targeting in 2005. The Taylor Rule clearly shows that interest rates peaked in 2022 and have been on a clear downward path ever since.Furthermore, the model estimates a long-term neutral nominal rate of around 3.9%, which is the equivalent of approx. 1.4% real.Using a more sophisticated model (i.e. New York FED’S HLW model), the real neutral interest rate in Romania is estimated currently at around 1.5% (1.7% 2023 average) and the historical mean at 1.2%.This implies a neutral nominal rate between 4.00% and 4.50%. In the past decade, the NBR real effective rate was below the neutral rate and only over the past year climbed above the neutral mark.Source: Erste Bank
Press Release:"Alpha Services and Holdings announces a strategic partnership with UniCredit in RomaniaMerger of Alpha Bank Romania and UniCredit Bank Romania and creation of third largest bank in Romania by... detalii
NBR Board decisions on monetary policyIn its meeting of 4 April 2023, the Board of the National Bank of Romania decided:• to keep the monetary policy rate at 7.00 percent per annum;• to leave unchanged the lending (Lombard) facility rate at 8.00 percent per annum and the deposit facility rate at 6.00 percent per annum;• to keep the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions.The annual inflation rate went down to 15.52 percent in February 2023, from 16.37 percent in December 2022, relatively in line with forecasts. The decrease was mainly driven by the sizeable drop in the dynamics of fuel and electricity prices, under the impact of significant base effects and the change made to the energy price capping and compensation scheme starting 1... detalii
ING press release:ING posts FY2022 net result of €3,674 million,proposed final 2022 dividend of €0.389 per share 4Q2022 profit before tax of €1,711 million; CET1 ratio remains strong at 14.5%•Profit before tax up 29% on 4Q2021 and 24% on 3Q2022, mainly driven by higher income•Higher net interest income, as a further increase in liability margins helped offset TLTRO impact this quarter•Risk costs declined to 17 bps of average customer lending Full-year 2022 net result of €3,674 million, supported by growing customer base and increase in lending and deposits•On a full-year basis, our primary customer base grew by 585,000•Net core lending growth of €18 billion and net core deposits growth of €25 billion in 2022•Net result of €3,674 million in a challenging year; proposed final 2022 dividend of €0.389 per share CEO statement“Looking back, 2022 was... detalii