RAEF files application for banking licence

Next spring, a new lender with Romanian private capital could enter the banking market, if the shareholders manage to get a licence from the National Bank.

"The Supervision Department has received a number of licence applications for banks, including banks with very good Romanian capital. The file was submitted a month ago, some comments were made," stated Nicolae Cinteza, head of the NBR's Supervision Department.

He reiterated that the selection NBR makes when accepting an individual or legal entity as shareholder in a bank was "very rigid and tough.

Ziarul Financiar