Foreign banks notify interest, but do not plan operations in Romania

Kevin MacQuarrie, Senior Customer Service Representative of British-based Citadel Commerce, an important player on the credit card market, said he is not able to provide a date for the start of the lender’s operations in Romania. Citadel Commerce notified BNR of its intentions in March 2007. “I know that you are interested to know when we are coming to your country, but we first want to see the expectations of the Romanian market, both in terms of clients and dealers,” he told Business Standard. Read the article