BNR: Parent Banks Withdrew EUR5B In Eighteen Months

08.29.2013 By Razvan Voican

The deleveraging process of foreign banks in Romania is not done yet and will become even worse because parent banks are asking for their money back, says Nicolae Cinteza, head of the Supervisory Department of country’s central bank (BNR).

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Keywords:
central bank
, deleverage
, parent banks