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BNR Report: The net wealth of the population has reached an all-time high in 2020

The net wealth of Romanians stood at the end of 2020 at an all-time high, increasing by 6.1% compared to the previous year, according to the Financial Stability Report released by Romania’s central bank – BNR on Thursday. Three quarters of the wealth consists of houses and apartments (real estate assets) and only a quarter of the wealth is represented by financial assets. This is largely due to legislation that encourages the holding of real estate assets ...

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