Romania To Postpone Capital Hike Requirements for Private Pension Funds until May 31

03.27.2019

Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private pension funds, known as Pillar II, according to a draft emergency decree published by the finance ministry late Tuesday.

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Romania To Postpone Capital Hike Requirements for Private Pension Funds until May 31

Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private

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Analysis

Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term

The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.