Romanian banks may register an estimated drop in revenues of around RON58 billion by 2025, compared with revenues expected had the pandemic never happened, due to risk costs and decreased volumes, according to the latest research by McKinsey&Company.
Romania’s Competition Council has imposed over EUR70 million in fines in 2020, the year which came after a period of transition during which the antitrust body did not finalize a large number of cases, per an analysis by Catalin Suliman (partner) and Georgeta Gavriloiu (counsel) with Filip&Company.