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

Autor: Liviu Chiru

15.11.2010, 00:13 10

Greece's NBG has set its eyes on the economic fields that haveendured the crisis and wants to cement its position on the mortgagemarket.


Banca Românească, the domestic subsidiary of National Bank ofGreece, one of the biggest Greek financial groups, is trying togain ground on the market segments it expects to regain healthfaster, until the economy entirely exits the crisis, says MarinosStratopoulos, who took over the general manager position in August2010.
"Our intention is to preserve our market share and even grow on thesegments that have endured the economic crisis fallout well, suchas energy, telecom, food or export-oriented industries. Also, wewant to strengthen our position on funding infrastructure andpublic sector development projects," Stratopoulos told ZF in aninterview.
He says Banca Românească has already managed to gain a foothold onthe mortgage segment, now holding an 8.5% share.
"Our strategy will be to further focus on mortgage loans and homeequity ones. (...)," Stratopoulos says.

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