A new bank on the Romanian market

A new credit institution with full inland capital will open, next month in Romania. The Administrative Council of NBR (National Bank of Romania) is preparing the authorization of the 44th bank institution. For the moment, the name of the institution is not made public.

The National Bank of Romania will give the Romanian capital bank the authorization of functioning, stated, yesterday, Nicolae Cinteză, head of the central bank Direction of Observation, for The Money Channel.

“A bank with integral Romanian capital will receive the license of functioning from NBR, next month.” said the executive director.

Cinteză had announced from last year’s end the launch of a new credit institution on the Romanian market.