Romanian-Controlled Banks Close To Extinction

07.18.2013 By Razvan Voican

Romanian-controlled banks are on their way to extinction, with multiple factors at play: the indiscriminate privatizations conducted in the previous decade amid pressure from external creditors, coupled with the consequences of the crisis, the state’s weakness as a bank shareholder and other circumstantial developments.

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Keywords:
banks
, cec
, eximbank