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The Council of Banking Employers in Romania publishes its Annual Report 2014-2015

The Council of Banking Employers in Romania (CPBR), the employers’ organization of Romania’s banking sector, has publicly released the Annual Report of its projects and initiatives for the period May 2014 – April 2015 as part of its members’ desire to increase transparency in their relations with consumers.

The Council of Banking Employers in Romania (CPBR), the employers’ organization of Romania’s banking sector, has publicly released the Annual Report of its projects and initiatives for the period May 2014 – April 2015 as part of its members’ desire to increase transparency in their relations with consumers.

 

Established on 28 April 2014, the CPBR has as major objectives contributing to increasing confidence in the Romanian banking system and to the economic development of Romania by supporting the formal tripartite dialogue with the government and trade unions, as well as by raising banking standards as a basis for real consumer protection.

 

“The banking sector’s objectives cover, from the imperative to enable the public sector access, to expertise and support funding to deliver infrastructure projects and create jobs,” Steven van Groningen, the President of the CPBR Board explained in the Foreword of the Annual Report. “We need collaboration between the banking sector and the public sector to build national competitiveness.”

 

The Agenda of the CPBR is structured on four pillars: the Human Resources and Labor Agenda, the Consumer Agenda, the Economic Growth Agenda and the Efficiency Agenda. In order to develop and support the four main pillars of its activity, the CPBR takes firm steps toward institutional consolidation in order to increase the levels of predictability and sustainability of its actions, as well as in the field of public and institutional communication, in order to gain more visibility of its activities.

 

“We wish that following our actions banks will enhance their contribution to the country’s economic and social development, thus laying the foundation for profitable and attractive inflows of foreign and domestic capitals,” CPBR’s Chief Executive Oana Petrescu stated. “This way, they will be able to continue multiplying their contribution and help create more wealth, welfare and hence more attractive yields for shareholders.”

 

CPBR’s member banks are Banca Comerciala Romana, BRD ? Groupe Societe Generale, Raiffeisen Bank, UniCredit?Tiriac Bank, ING Bank Romania and Volksbank Romania. The six banks together own about half of total assets in Romania’s banking system, while their employees make more than a third of all employees in Romania’s banking sector.

 

CPBR’s Agenda and Annual Report are publicly available in electronic format on the organization’s web site in the section “About CPBR.”

 

 

To download CPBR’s English version Annual Report in electronic format, access this link:

http://cpbr.ro/uploads/fisiere/f107_en%20annual%20report%20web.pdf.pdf

For more information about the CPBR: bogdan.preda@cpbr.ro or www.cpbr.ro

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