Isarescu Warns Bankers That A World Full Of Restrictions And Rules Will Follow

07.01.2011 By Cristian Hostiuc , Claudia Medrega

Central bank governor Mugur Isarescu on Thursday for the first time publicly warned bankers that a long period of restrictions would follow in the banking business, more specifically as far as lending is concerned, and that tougher rules would emerge in the wake of the financial crisis. This means the time when loans were easy to get will become a thing of the past and the restrictions that the National Bank of Romania (BNR) plans to introduce will become reality.

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Keywords:: ISARESCU; , BNR; , REGULATIONS

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