According to Isarescu, the aggregate assets of the two banks with Cypriot capital in Romania, namely Marfin Romania and Bank of Cyprus Romania, only amount to 1.3% of the local banking assets. Deposits at Marfin Bank Romania are entirely guaranteed by the Romanian Bank Deposit Guarantee Fund (FGDB), he added.
According to FGDB data, deposits of individuals at the 32 banks participating in the deposit guarantee scheme totaled 115.4 billion lei (EUR26.1 billion) at the end of 2012. The value of deposits guaranteed by the fund was RON98.7 billion.
Deposits of companies at the 32 banks amounted to RON173.8 billion. Data reveal that companies stand to lose RON160 billion if the banking system collapses. (EUR1=RON4.4178)