BRIDGE BANK
5 articole · RSS
Bridge Bank Procedures Almost Ready
The Romanian central bank's plan for coping with problems in the banking sector is almost ready. The measures go from the transfer of assets from ailing banks to healthy banks, up to the setting up of the so-called bridge bank, which should ensure the continua...
Government Approves Bridge Bank Law For Struggling Lenders
Romanian government Wednesday approved the legal framework that will allow the central bank to create a bridge bank to manage and insulate financially troubled lenders.
Bridge Bank To Get Money From Guarantee Fund's Private Resources
The private resources of the FGDB, a fund guaranteeing bank deposits, will be used to finance the bridge-bank, while public funds will only be used in the form of a loan granted by the Finan...
The Bridge Bank, An Invention That Could See The Government Spend Money To Save Failed Banks
The bridge bank – the latest concept of financial institution to be launched on the Romanian market – is a lending institution that could appear on the market when the National Bank of Roman...
BNR Sets Up Bridge Bank To Save Ailing Banks
The National Bank of Romania (BNR) is to complete and approve the regulations of the operation of a new financial institution on the local market - the so-called bridge bank, which should be...