NBR rejects establishment of Becali Bank - Azi

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The Board of Governors of the National Bank of Romania (NBR) has rejected in its July 24 meeting the application to establish Becali Bank, the credit institution that businessman George Becali, who also owns Steaua football club, wanted to set up, according to banking sources.

Becali stated at the end of March that he had submitted the necessary documentation to the NBR, and that the bank would have a 30 million-euro share capital. The businessman hired a team of former bankers to supervise the...

Read the whole story in: Ziarul Financiar