“I think it will turn out to be worse in 2010 than 2009, and the first half I expect to be crucial for the banking system. We are lucky to have a good capital adequacy ratio”, said Nicolae Cinteza (photo), director of the Supervisory at the National Bank of Romania.

The capital adequacy ratio of the Romanian banking system was near 13.7% at the end of September 30, 2009, from 11.9% a year earlier. In order to keep the capital ratio at a comfortable level, the central bank has imposed capital hikes measures starting last year summer.