Banca Românească's strategic targets: rising exposures on energy, telecom and mortgage loans

Greece's NBG has set its eyes on the economic fields that have endured the crisis and wants to cement its position on the mortgage market.

Banca Românească, the domestic subsidiary of National Bank of Greece, one of the biggest Greek financial groups, is trying to gain ground on the market segments it expects to regain health faster, until the economy entirely exits the crisis, says Marinos Stratopoulos, who took over the general manager position in August 2010.
"Our intention is to preserve our market share and even grow on the segments that have endured the economic crisis fallout well, such as energy, telecom, food or export-oriented industries. Also, we want to strengthen our position on funding infrastructure and public sector development projects," Stratopoulos told ZF in an interview.
He says Banca Românească has already managed to gain a foothold on the mortgage segment, now holding an 8.5% share.
"Our strategy will be to further focus on mortgage loans and home equity ones. (...)," Stratopoulos says.