Banks anticipate an improved performance over the next six months as stronger balance sheets, a healthier economy and a fading sovereign debt crisis allow them to turn their thoughts to growth. However, numerous challenges remain. The industry has yet to fully absorb the potential implications of the European Central Bank’s Asset Quality Review and restructuring and job cuts will continue as banks try to make the most of a more benign economic environment to progress strategic transformation initiatives.
Read the full article in Romanian, here, or see the attached report.
