Romania's banking industry's solvency indicators well above EU average, yet financial intermediation lagging behind

Romania's banking industry has some of the best solvency indicators in Europe, well above the EU average, but on the other hand, Romania is bringing up the rear as far as financial intermediation is concerned, executive president of the Romanian Banks Association (ARB) Florin Danescu told the "Banking Forum" conference on Monday."The Romanian banking industry's solvency, liquidity, coverage, loan loss provision indicators are among the best in Europe, far above the European ...

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