Thursday, 11 October 2012, on the third edition of SWIFT Business Forum Romania, Mr. Radu Gratian Ghetea, President of CEC Bank and of the Romanian Banking Association, received the Excellency Award for endeavors in implementing the a SWIFT system in Romania.
This event marked the anniversary of twenty years since the first banks in Romania have connected to SWIFT.
On this occasion, Mr. Ghetea said: "We are celebrating, today, 20 years of SWIFT in Romania. We are one of the last European countries who entered the SWIFT system. Before 1989 Romania was an isolated country and was some problem to promote such an idea. Romania’s banking system is a highly secure one, mainly composed of subsidiaries of renowned European banks. 87% of the banking system in Romania is composed of European banking groups who, together with the Romanian banks, make up a very good system, adequately monitored by the Central Bank ".
The main discussion topics of this year’s event have been the new regulations impact on the banking-financial system and the projects of the banking – financial community from Romania in the field of payments and transactions by financial instruments within the context of the European initiatives. The latest on the services and solutions of SWIFT and of its partners have been presented during a parallel interactive session, while the final session of the Forum was dedicated to innovation and collaboration in the financial-banking industry.