15:10, 30.07.2008 Erste CEO Welcomes Romanian Ctrl Bk New Household Lending Rules

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BUCHAREST / 15:10, 30.

07.2008 The new regulations on household lending proposed by the Romanian central bank are welcome, since there are banks in Romania that act in "an almost reckless" fashion chasing bigger market shares, Erste Bank CEO Andreas Treichl said Wednesday.He said that even though well known international banks are active on the local market, Romania is not a priority for most of them, while local management, very well trained as it may be, ignores the strategy and...

Read the whole story in: Mediafax