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BR ANALYSIS. Big banks gobble up minnows in troubled waters

During the last couple of years, the Romanian banking sector has undergone a fast consolidation process, with unprecedented mergers and acquisitions. Smaller banks and Greek subsidiaries were the main subject of takeovers as their businesses on the local market came under increasing pressure, with credit demand remaining weak and limited options for placing money. The biggest winner of the consolidation process among local lenders was Banca ...

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