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NBR: Monetary indicators – June 2011

At end-June 2011, broad money (M3) amounted to RON 199,911.9 million, up 0.8 percent (1.1 percent in real terms) month on month. In year-on-year comparison, broad money rose 2.5 percent (down 5.1 percent in real terms), said the NBR in a press release.rnrnAt end-June 2011, non-government loans granted by credit institutions went up 2.9 percent (3.2 percent in real terms) from May 2011 to RON 213,651.2 million. RON-denominated loans increased by 1.0 percent (1.3 percent in real terms), whereas foreign currency-denominated loans rose by 4.0 percent when expressed in RON and by 1.2 percent when expressed in EUR. At end-June 2011, non-government loans climbed year on year by 1.3 percent (down 6.1 percent in real terms), on the back of the 0.9 percent increase in RON-denominated loans (down 6.5 percent in real terms) and the 1.6 percent advance in foreign currency-denominated loans expressed in RON... detalii

Ezio Salvai is the new CEO of Intesa Sanpaolo Bank Romania

Ezio Salvai is the new General Manager (Chief Executive Officer) of Intesa Sanpaolo Bank Romania starting July 2011.rnrnAccording to a press release, he will be responsible for coordinating all activities... detalii

Intesa Sanpaolo has received two awards from the international monthly magazine GLOBAL FINANCE

• Best bank in Italy in “The World’s Best Trade Finance Banks” andrn“The World's Best Sub-Custodian Banks” categoriesrnrn• Intesa Sanpaolo consolidates its reputation in the market forrnsupporting the internationalization of... detalii

National Bank of Romania will put into circulation a gold coin dedicated to Nicolae Iorga

Pursuant to the provisions of Law No. 312/2004 – The Statute of the National Bank of Romania, on 25 July 2011, the National Bank of Romania will put into circulation, for numismatic purposes, a gold coin dedicated to Nicolae Iorga: The 140th Birth Anniversary.rnrnThe gold coin has the following characteristics:rnFace value: lei 100 rnMetal: goldrnFineness: 900‰rnShape: roundrnDiameter: 21 mmrnWeight: 6.452 grnQuality: proofrnEdge: milledrnrnObverse: the depiction of an event in the history of Romanians, i.e. Prince Michael the Brave’s arrival in Alba Iulia, overlapping the front cover of a historic paper penned by Nicolae Iorga, the inscription “ROMANIA” in an arc, Romania’s coat of arms, the year of issue “2011” and the face value “100 LEI”.rnrnReverse: the portrait of Nicolae Iorga and his signature, the inscription “140 DE ANI DE LA NASTERE” in an arc, his birth and death years: “1871” and “1940”, respectively.rnrnEvery gold coin, housed... detalii

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