BNR's Radulescu: Two structural problems in banking system: low bankability, high share of debts to state
Publicat:The banking system faces two structural problems - low bankability and a high share of banks' debts to the state - and these can only be resolved in the longer term, Eugen Radulescu, Head of the Stability Directorate of the National Bank of Romania (BNR), said. "We have two structural problems in the system that we can only solve in a slightly longer time. The first is a low bankability, which persists for decades and which occurs against the background of a chronic undercapitalization of economic agents. We are in a paradoxical situation in that we have poor enterprises, owned by rich shareholders,"…
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