Mugur Isarescu, governor of the National Bank of Romania, tells Matei Paun why he decided to issue a set of regulations that limit retail banking growth.

Just as the banking sector is benefiting from better economic times in Romania, mortgages insurance and pensions are all making great steps forward.

Positive economic indicators in Romania have heralded an influx in foreign direct investment. Thus opening new doors for the country’s financial sector.

Austria’s leading banks have arranged a successful $200m syndicated loan for Romania’s largest bank, Banca Comerciala Romana (BCR).

Romania has come a long way since 1999, says Matei Paun. With hyperinflation just a memory, its banks are now the targets for big European players looking for dramatic growth.