IT, main investment area for Banca Romaneasca

Another investment project this year is the re-location of the bank's headquarters. According to the report approved by the General Meeting of Shareholders, Banca Romaneasca projects a balance-sheet growth rate of nearly 10 per cent at the end of 2009, compared to last year. The solvability of Banca Romaneasca is now at a more than comfortable level - 22 per cent - percentage which is above the 12 per cent banking market average, the minimum being 8 per cent. ‘Banca Romaneasca is one of the most capitalised banks in Romania. Thanks to that, no additional capital injections will be needed in 2009-2010, a fact that ahs been confirmed by the results of the stress tests conducted by the Central Bank of Romania (BNR),' said Banca Romaneasca CEO Andreas Maragkoudakis.

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