Finance Ministry to transfer to CEC Bank 900 mln lei for capitalization, after EC approval
Publicat:The Ministry of Finance will transfer to the CEC Bank an amount of 900 million lei for the capitalization of the institution as soon as it receives the approval of the European Commission, Minister of Public Finance Eugen Teodorovici announced at Victoria Palace on Tuesday, according to Agerpres.
"We had some 900 million lei in the 2019 budget to capitalize this Romanian bank [CEC] and the Ministry of Finance has already sent the European Commission a request for this capitalization. As soon as this acceptance comes from the Commission, the Ministry Finance transfers this amount to the…
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