Central bank's Badea: Romania's financial system has resources to resist and contribute to economic recovery
Publicat:The financial system in Romania has the resources to resist and contribute to supporting the effort of economic recovery, but this is not enough, Leonardo Badea, deputy governor of the National Bank of Romania (BNR), said in a debate on Tuesday.
"We could say that, currently, at the level of the banking system in Romania we have a total own funds ratio of 22.8 pct, at the end of June 2020, compared to 18.3 pct of the EU average that was in March 2020. The 1st quarter's own funds rate was 20.7 pct compared to 15.8 pct, the European average. Compared to December 2019, the volume of own…
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