Philippe Lhotte, BRD SocGen CEO: I Think Only 10-12 Major Banks Will Remain In Romania

09.22.2016 By Claudia Medrega

French executive Philippe Lhotte, who took the reins of BRD-SocGen in the fall of 2012 and is now preparing to turn the bank over to new the chief executive announced François Bloch, expects to see the consolidation of the Romanian banking system continue over the coming years and 10 to 12 major banks left in the end.

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