BNR head Mugur Isarescu: We are not proposing to stimulate credit towards rational exuberance
Publicat:The National Bank of Romania (BNR) does not simply aim to stimulate credit toward rational exuberance, a rapid credit growth that will end in the explosion of non-performing loans, BNR Governor Mugur Isarescu said on Wednesday at the seminar on "Target: Boosting financial intermediation".
"Today we have organized a seminar-debate on a topic that has long preoccupied us all: how to healthily grow financial intermediation, namely to have an increase in non-government credit at a higher rate than economic growth. In other words, there should be an increase of the share of non-government…
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