IMF: some foreign banks will increase expose in Romania in the upcoming months 

IMF, EC and World Bank representatives together with the nine representatives of foreign banks present on the Romanian market decided on Thursday that Romania’s foreign policy strenghtening allows for flexibility of the exposure of foreign banks in the country.

During the Brussels meeting, banks reaffirmed their support to their branches in Romania. The commitments will support Romania in its attempt to consolidate trust of foreign investments and aid the country to improve economically.

IMF and EC reveals that foreign banks respected their commitments to maintain their exposure and supply capital for their Romanian branches. Also, most banks declared that they will increase their exposure in the upcoming months once the economic activity is reinvigorated.