BNR Sets Up Bridge Bank To Save Ailing Banks

10.31.2011 By Cristian Hostiuc , Razvan Voican

The National Bank of Romania (BNR) is to complete and approve the regulations of the operation of a new financial institution on the local market - the so-called bridge bank, which should be able to swiftly take over the management of commercial banks in trouble.

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Keywords:
CENTRAL BANK
, ISARESCU
, BRIDGE BANK