Gheorghe Piperea
BNR's Isarescu: banks lost 3.6bn lei over 11 months, converting Swiss franc credits would cost 5.7bn more
Romania's banking system lost 3.584 billion lei over the first 11 months of 2014, in line with the IFRS standards, according to a presentation by Romania's Central Bank (BNR) Governor Mugur Isarescu, held on Friday in the context of the problems generated by the Swiss franc's appreciation. (1 euro = aprox. 4.45 RON)
Photo credit: (c) GRIGORE POPESCU / AGERPRES FLOW