Stiri	Stiri afaceri	Stiri companii	Evenimente de afaceri

CNSF: Crisis impact on Romania, relatively small for now

The impact of the ongoing global financial crisis on the Romanian banking system overall and its components has been relatively limited so far, according to a recent assessment of the National Committee on Financial Stability (CNSF).

CNSF on Monday analysed the current state of affairs in the Romanian financial system in terms of the potential impact of the ongoing world financial crisis on the country's financial organisations, markets and infrastructure, as well as on real economy, the Private Pension Fund Supervisory Board (CSSPP) reports.

Attending the evaluation meeting were Public Finance Minister Gheorghe Pogea, Governor of the National Bank of Romania (BNR) Mugur Isarescu, Chairperson of the National Securities Board (CNVM) Gabriela Anghelache, Chairm of the Insurance Oversight Board (CSA) Angela Toncescu and Chairman of the Private Pension Fund Supervisory Board Mircea Oancea.

The attending financial market supervisory authorities agreed with the Finance Ministry on strengthening preventive evaluation to identify the most adequate packages of measures that will diminish the potentially negative effects of the global crisis on the Romanian financial system and national economy.

CNSF was established in 2007 to help Romania get in line with the European Union requirements regarding financial crisis management, included among which is the establishment at the level of each EU member state of a standing national board comprising all the financial sector supervisory authorities and the finance ministry.Isarescu was reelected chairman of the CNSF for another one-year term in office. The next ordinary session of CNSF is scheduled for the last week of March 2009.

 

Sursa: http://www.actmedia.eu

Tags: financial board national crisis impact romania bnr

Articole similare