Millennium BCP bank plans to submit to the National Bank of Romania (BNR) an
authorization request for the creation of a credit institution in Romania,
according to Paulo Texeira Pinto, the president of the bank's Executive
Director's Council.
"Regarding Romania, we reaffirm our interest in launching a greenfield
investment and we are presently preparing the necessary documents that will
be submitted to the local authorities for obtaining the licenses and
authorizations," said Texeira Pinto. The Portuguese bank was one of the two
finalists in the race for the takeover of the Romanian Commercial Bank
(BCR).
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