The seven private pension funds operating on the mandatory segment in Romania (Pillar II) reported assets of RON101.4 billion for February 2023, higher by RON5 billion since the beginning of 2023, against the backdrop of calmer waters on financial markets and of contributions from Romanian employees.
Deposits of non-government resident customers grew by 1.7% in February 2023 up to RON522 billion versus January 2023, and by 8.5% (down 6.1% in real terms) versus February 2022, in line with central bank data.
Private lending in February 2023 rose by 10.6% against the same period of 2022, to RON365.8 billion, as local currency lending went up by 4.3% and the foreign currency one increased by 27.4%, in line with central bank data.
Romania's annual inflation rate edged up to 15.5% in February 2023 after slowing down to 15.1% in January 2023, data from the country's statistics board INS showed on Monday (March 13).
Starting Wednesday, February 22, 2023, investors on the Bucharest Stock Exchange will be able to trade a new fund that tracks an index of the stock market (an exchange traded fund - ETF), namely the ETF Energie Patria -Tradeville.
Romania’s industrial production increased by 3.9% in unadjusted data In February 2022 compared to January 2022 and was down 1.0% when adjusted for seasonality and number of working days, data from the country’s statistics board INS showed Wednesday.
The average net salary in Romania increased by 0.6% in nominal terms in February 2022 compared with January 2022, to 3,721 lei (EUR753), data from the country's statistics board INS showed Monday.
Retail sales in Romania, excluding vehicle and motorcycle sales, inched up 0.1% in unadjusted data in February 2022 compared to January 2022, data from the country’s statistics institute INS showed Wednesday.
Romania's seasonally adjusted unemployment rate reached 5.7% in February 2022, the same level as in January 2022, data from the country's statistics board INS showed Thursday.
The net assets of the 233 domestic and foreign open-end and closed-end investment funds operating in Romania dropped by 3.1% in February 2022, to RON52.1 billion (EUR10.5 billion), and by 2.9% since the beginning of 2022, in line with the latest data from the Association of Fund Administrators.
Private lending grew by 15.8% in nominal terms (6.7% in real terms) to RON330.7 billion in February 2022 compared to February 2021, as local currency lending grew by 20.1% (10.7% in real terms) and foreign currency lending by 5.9% when expressed in lei (4.3% when expressed in euros), central bank data showed Wednesday.
Romania's annual inflation rate climbed to 8.53% in February 2022 compared to February 2021, data from the country's statistics board showed Monday.
Romania’s two carmakers, Automobile Dacia and Ford, in February 2022 produced 44,111 passenger cars, 12% more than in February 2021. Of these, 24,878 units were manufactured by Automobile Dacia and 19,233 units by Ford.
The number of real estate deals in Romania stood at 58,663 in February 2022, 19,153 more than in January 2022, data from the national cadaster agency ANCPI showed Wednesday.
Romania's finance ministry will be launching three new bond issues for the general population on February 7, 2022, which can be subscribed until September 24.
Online retailer Elefant Online will start trading its bonds worth almost RON17.5 million on the Multilateral Trading System, under the ticker symbol ELF26, on February 1, 2022.
The Bucharest Stock Exchange on Thursday said the bonds issued by online retailer Elefant Online, worth almost RON17.5 million, would start trading on the Multilateral Trading System, under the ticker symbol ELF26, on February 1, 2022.
The loan-to-deposit ratio decreased to 66.7% in February 2021, touching an all-time low, from 67.2% in January, which is due to the adjustment on the foreign currency loan-deposit segment, to 57.4% in February from 58.6% in January, a new all-time low, per an analysis by Andrei Radulescu, macroeconomic analysis director with lender Banca Transilvania.
The average net salary in Romania fell 0.9% in nominal terms in February 2021 compared with January 2021, to 3,365 lei (around EUR683), data from the country's statistics board showed Monday.
Romania's seasonally adjusted unemployment rate grew to 5.7% in February from 5.6% in January, data from the country's statistics board showed Tuesday.