18:39, 23.09.2008 Romanian Bank Systemas Solid Capitalization Protects It From Intl Crisis - Bker

All news

BUCHAREST / 18:39, 23.09.2008 The Romanian banking system is less vulnerable to the international financial crisis as it has a solid capitalization and it is exposed solely on the local market, where yields are high, central bank governor Mugur Isarescu said Tuesday at a press conference.

"I think that it is unfair to say that the Romanian banking system wasn’t affected because it is primitive. Our banks’ problems are to identify new resources, local and foreign, to maintain a...

Read the whole story in: Mediafax