The National Bank of Greece is planning to offer Greek bank operating in Romania Banca Romaneasca for sale once again. According to news reports the bank has hired Credit Suisse London to find a buyer. Banca Romaneasca ranks 14th in the Romanian banking system, with a market share of 1.8% and RON 6.6 billion (EUR 1.4 billion) worth of assets at the end of 2015. The four Greek banks active in Romania – Alpha Bank, Bancpost, Piraeus and Banca Romanesco, have lost ground after the Greek crisis. The parent-banks in Athens have not managed to reach agreements for creating two strong banks that could become competitive on the market.
