Romania must develop stronger and more liquid financial markets to support economic growth, World Bank experts said told a conference on capital markets, which was held in Bucharest.

Some thirty representatives of the banking sector, regulatory agencies, pension funds, and of the Government attended this conference hosted jointly by the World Bank and the Financial Supervisory Authority (ASF), where they discussed Romania’s economic growth trends and the role of capital markets in the financing reform and funding the private sector, reads a World Bank release.

‘In our capacity as main regulatory body for the capital markets in Romania, we advocate for a strong, flexible and attractive regulatory framework both for issuers, as well as for investors,’ said ASF President Misu Negritoiu. ‘We hail the partnership and the World Bank’s support in this regard,’ said Misu Negritoiu.

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