Liviu Voinea: Romania's latest Financial Stability Report

Speech by Mr Liviu Voinea, Deputy Governor of the National Bank of Romania, at the press conference to launch the December 2017 issue of the Financial Stability Report, Bucharest, 4 December 2017.

Thank you for your presence at the launch of the December 2017 issue of the Financial Stability Report, No. 14(2)/2017. Right beside me are three NBR directors who are ready to answer your questions: Mr Eugen Rădulescu, director of the Financial Stability Department, which prepared the Report - I wish to thank all the colleagues involved; Mr Emil Vonvea, director of the Bank Resolution Department - an area having the role to strengthen confidence in the banking sector - the Report also includes a section dedicated to resolution strategies; and Mr Tudor Grosu, director of the Macroeconomic Modelling and Forecasting Department, as part of the analyses in the Report are based on scenarios and econometric models to the development of which his department also contributed. I would like to thank the other departments which cooperated in the preparation of the Report, particularly the Economic Studies Department for the translation.

This is the 14th financial stability report launched by the National Bank of Romania. I would like to point out that the Report we are releasing today has been discussed in two meetings of the NBR Board and was unanimously approved by the NBR Board in its meeting of 27 November 2017.