The financing flight: how to fill the hole?
The Romanian banking sector requires stability and predictability in order to evolve, but instead it is constantly fluctuating. Although 2012 was a tough year, with the sector registering a EUR 476 million net loss, key banking players are determined to improve the outlook. June 2013 - From the Print Edition
The Diplomat - Bucharest talked to Radu Gratian Ghetea, president of the board of the Romanian Banking Association and president of CEC Bank, to the law firm Stoica & Associates and to several credit institutions in order to analyze how Romania stands in terms of credit exposure and legal framework amendment.
By Alexandra Lopotaru
Foreign-owned banks' share in the total net assets of the Romanian banking sector rose from 81.3 percent in September last year to 89.8...
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