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Gelin: “foreign inflows will be good for the leu as the central bank has a strong-currency policy” |
BANCA COMERCIALA ROMANA is the biggest bank in Romania and one of the two that is state owned. Following privatizations at the end of the 1990s, BCR is slugging it out with foreign banks that dominate the sector as all Romania’s banks chase the burgeoning retail business. Strong economic growth is feeding through fast and bolstering balance sheets in the tiny banking sector.
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