Raiffeisen Bank Romania President Steven Cornelis van Groningen , receieved at the Cotroceni Palace
Date: 27-01-2012
Raiffeisen Bank Romania President Steven Cornelis van Groningen on Thursday informed President Traian Basescu on the new regulations of the Austrian National Bank on the capital and liquidity demands, saying that the impact of these regulations would be insignificant to Romania.'Romania's President was informed on the new regulations of the Austrian National Bank on the capital and liquidity demands, Mr. van Groningen saying that the impact of these regulations would be insignificant to Romania. The need for improving Romania's competitiveness, both in the banking system and in the business environment in general, was also approached during the meeting. The Head of State and Raiffeisen Bank S.A. President agreed on the need to continue the dialogue between the authorities and the business environment. In this respect, Mr. van Groningen, who is also Foreign Investors Council Chairman, showed that this body would continue to propose concrete measures for increasing the competitiveness of the Romanian business environment,' shows a Presidential Administration release.
According to the cited source, on the occasion of the meeting that President Basescu had at the Cotroceni Palace on Thursday with Steven Cornelis van Groningen, they also discussed the need of developing the Romanian capital through saving encouragement.
In this context, Basescu reiterated the authorities' determination of encouraging the private sector and of implementing modernization policies in the public sector.
