Central Banking

The National Bank of Romania (NBR) decided to keep its key interest rate unchanged at 6.5% on Monday, extending the steady policy stance maintained since August 2024 and marking the third such decision in 2025. The move, widely anticipated by analysts, leaves Romania with one of the highest benchmark rates in the EU, as the country navigates heightened global trade tensions and

The National Bank of Serbia (NBS) has opted to maintain its benchmark interest rate at 5.75% for the sixth consecutive month, amid mounting political unrest and lingering inflationary pressures. The decision, announced on Thursday, aligns with expectations from a majority of economists surveyed by Bloomberg, where 14 out of 16 participants predicted no change. However, two economists had anticipated a quarter-point rate

Both deposits and loans in the Cypriot banking system experienced a decrease last month, according to the August 2023 edition of ‘Monetary and Financial Statistics,’ published this week by the Central Bank of Cyprus (CBC). Total deposits in July 2023 witnessed a net decrease of €301.1 million, compared with a net increase of €399.2 million in June 2023. This shift was primarily