The Romanian banking system stability is threatened by the recent introduction of the “tax on greed,” which will significantly affect solvability and profitability of the banks and worsen things for the weaker ones, according to the country report for Romania issued by the European Commission (EC) on Wednesday. In the…
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Connections (http://connectionsconsult.ro/), a leader in the digital transformation market in Romania, Bulgaria and Serbia is developing a fintech open-banking platform to integrate the APIs provided by Romanian banks with the application of the Revised Payment Services Directive (PSD2), which obliges banks to give access to information about online payment accounts…
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PNL MPs notified the Constitutional Court (CCR) on the draft laws on the laws on loan contracts, leasing operations and financial relations in banking field. In a Thursday’s press release for AGERPRES, PNL argues that the three laws are “seen as unconstitutional as a whole, because they were adopted by…
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