Central & Eastern Europe: Supplement - Romania - A Cautious Approach - Mugur Isarescu, Governor Of The National Bank Of Romania, Tells Matei Paun Why He Decided To Issue A Set Of Regulations That Limit Retail Banking Growth.(Interview)

Banker, The, April, 2004

Q: How would you assess the health of the banking system as well as its development in terms of sophistication of instruments being used and competition levels?

A: The September 2003 IMF/World Bank report on the stability of the financial system contends that, under efficient supervision, the Romanian banking system is resilient to a range of market and credit risk shocks, enjoying a high degree of capitalisation and liquidity, as well as adequate provisioning. Although the rapid expansion of lending fuelled fears as to the risk of bank assets becoming impaired, prudential indicators remain at manageable levels.

At the end of 2003 the solvency ratio stood much above the 12% internationally accepted benchmark, whereas the share of bad loans in total...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement