“We have a solid banking system, with a 14.2% capitalization under Romanian accounting standards and an adequacy ratio of 13.6% at the end of the first half,” Popa told the Romania Financial Forum 2011 organized by Mediafax and the central bank.
Popa said Romanian banks stand to lose 3.5 percentage points tops of their capital if the worst-case scenario envisaged by the central bank were to materialize.
The central bank imposes a solvency ratio of 10% on commercial lenders.