Speaking at a news conference in Vienna, Treichl said Romanian economy should recover enough so that it would stand possible slippages caused by the elections next year.
Dominic Bruynseels, president of Erste’s Romanian subsidiary Banca Comerciala Romana (BCR), said he expects business to increase in the coming months, particularly on the corporate segment.
BCR will provide financing for the construction of seven out of 12 segments of the 4th Pan-European transport corridor, Bruynseels said.
The BCR official estimated Romanian economy will grow by around 2% in 2011 and by 3.5%-4% in 2012.
BCR reported a 67.6% drop in its consolidated net profit after minorities to 158.2 million (EUR37.3 million) in the first half of 2011, due to lower operating income and high provisions.