Romania Approves Memorandum For $2.5M Loan To Fund Justice Quarters Realty Project

Romania Approves Memorandum For $2.5M Loan To Fund Justice Quarters Realty Project

yesterday, 19:44

The Romanian Government on Wednesday approved a memorandum of the Finance Ministry for receiving a downpayment of $2.5 million from the International Bank for Reconstruction and Development (IBRD).

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Analysis

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