Raiffeisen Head: I Wouldn’t Be Surprised If Five Banks Were Up For Sale Now

12.07.2012 By Ciprian Botea

The banking system has begun a consolidation process, as seen in part in the decision of some international financial groups to sell some or their entire operations in Romania. More banks will stop being universal banks and specialize on certain niches, believes Steven van Groningen, president and chief executive of Raiffeisen Bank Romania.

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Keywords:
RAIFFEISEN
, BANK
, MARKET