Ömer Tetik: The Romanian banking system is profitable, well capitalized and very strong

Ömer Tetik spoke about the resilience of the banking system at the Romanian Business & Investment Roundtable - Exploring new frontiers for agility and resilience, organised by The Economist in Bucharest on 16 March.

The messages sent were as follows:

• Given capital and regulatory requirements, the EU banking system is strong and ready for the challenges.
• The Romanian banking system is profitable, capitalized and strong, and now we are selling the benefits.
• In order to close or narrow the gap between Romania and Western Europe, strong public and private investment is needed.
• A well-capitalised banking system contributes to the growth of agriculture as well as to the development of the health and education systems.
• In 2023, banks are capitalising their profits to strengthen their capital base, which will help Romania and support the economic recovery.

The event brought together officials and representatives of the public and private sectors from Romania and abroad, who debated topics on current economic and social challenges.

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