Banks cut exposure in Romania by 0.7bln euros on Sept. 30
Agerpres - 10 Noiembrie 2009
The international banking groups have cut their exposure in Romania by 0.7 billion euros or 2 percent on Sept. 30, but the banks, at a meeting on Nov. 18 in Brussels, will reconfirm their exposure in Romania, prime vice-governor of the National Bank of Romania (BNR) Florin Georgescu told a bank forum on Tuesday.
'On Sept. 30, we saw a cut in the exposure by two percentage points, or 0.7 billion euros, because those entities failed to have sufficient attractive depositing institutions in the Romanian market', Georgescu stressed.
He said that at the next meeting of the banks with the European Union- and BNR officials due on Nov. 18 in Brussels, the nine banks will reconfirm their original exposures and they might even improve them.
Sursa: http://www.agerpres.ro
Tags: banks
romania
exposure
euros
bnr
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