about us | newsletter | contact | archive | members area
Pascal Robin, Sanofi Romania
The country evolution is to be taken into consideration by any foreign investors»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

STOICA & Associates conference: restructuring the banking system, from NPL's to full credit recovery

2013-05-21 14:06:22

1 Photos
Starting with Bear Sterns and Lehman Brothers, expanding in Europe and the entire world and still continuing to make victims after more than five years - as recently showed for Cyprus, the global financial system crisis seems to be quite far from a final settlement.

In a fully globalized world and in the era of information society, Romania could not be shunned by the systemic effects of this economic and credit crisis. Romanian financial system is facing perhaps the greatest challenges in its history and is fighting to overcome them with minimal "collateral damages".

In this context, STOICA & Associates law firm organized in partnership with Ziarul Financiar on Tuesday, May 14 at the Marriott Hotel in Bucharest, the conference "The banking system: between the restructuring of non-performing loans and credit recovery", where the invited speakers delivered an in-depth analysis of the current situation of the Romanian banking system and touched upon the measures that have to be taken in order to strengthen it.

Gordon W. JOHNSON, President of EM Advisors LLC, Washington DC, US, Jurgen Kristiaan de Ruijter, Director Division of Rehabilitation and Restructuring, BCR - Erste Group, Bucharest, Milo STEVANOVICH, IFC Program Manager for Middle East and North Africa, Cairo, Egypt, Steven van GRONINGEN, former President of the Foreign Investors Council, Romania, Marieta AVRAM, Senior Partner at STOICA & Associates and Catalin PAUNA, Senior Economist, World Bank Office in Romania were the speakers answering the questions with regard to the measures that could be taken to bolster Romanian banking system, and regarding the legislative hurdles to be removed in order to upstream the necessary structural reforms.

During the two sessions of the conference brilliantly moderated by Mr. Valeriu Stoica, Founding Partner at STOICA & Associates, the speakers analyzed the situation of Romanian banking system in the international and European financial context and addressed, among others, current trends regarding the management of non-performing loans, the practical aspects from implementing restructuring process. It also discussed the situation of the Romanian economy and exploring opportunities for private investment in certain sectors as an important element of sustainable economic growth.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  26737 Views
Daily Info
Industry 4.0: EIB supports construction of new Arctic factory in Romania

The European Investment Bank (EIB) is lending 68 million Euro to white goods producer Arctic to finance the construction of a large-scale washing machine production plant feat...

CTP invests in the facilities and infrastructure from CTPark Bucharest West

CTP continues to strengthen its position on the domestic market through a series of major investments in the development of CTPark Bucharest West. Currently, the property's bu...

Renault becomes the official automobile partner of Paris Saint-Germain

Paris Saint-Germain and Renault have signed an official partnership, linking the two organisations for the next three seasons.

Enel reaches one million residential customers on Romania free electricity market

Enel Energie and Enel Energie Muntenia announced reaching the mark of one million household customers on the free electricity market in Romania.

Bucharest's Henri Coanda Airport to upgrade sound system

The National Bucharest Airports Company has awarded a 1.05 million Euro contract for the upgrade of the sound system of the terminals of the Henri Coanda Airport, Bucharest's ...

 
 
   
advertising

advertising

advertising

advertising

More on News
Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar. ...

Engie acquires Romanian IoT company Flashnet, specialized in Smart Public Lighting

ENGIE announces the acquisition of 60 per cent of Flashnet, a Romanian Internet of Things (IoT) company.

Romanian M&A market speeds up in Q2, says Deloitte

The M&A market in Romania marked a significant recovery in the second quarter of this year, reaching 391 million Euro, compared with 258 million Euro in the first three mon...

Healthy Central European private equity activity levels set to continue, says Deloitte

The strong momentum underway in Central Europe's private equity markets should continue, according to the latest Deloitte Central Europe Private Equity Confidence Survey.

CEZ Group in Romania ended 2017 at a net profit level

CEZ Group in Romania ended 2017 with better results than in 2016 at a net profit level. Last year brought for CEZ Group in Romania a profit before interests, taxes, depreci...

Enel reaches one million residential customers on Romania free electricity market

Enel Energie and Enel Energie Muntenia announced reaching the mark of one million household customers on the free electricity market in Romania.

Bucharest's Henri Coanda Airport to upgrade sound system

The National Bucharest Airports Company has awarded a 1.05 million Euro contract for the upgrade of the sound system of the terminals of the Henri Coanda Airport, Bucharest...