This year, 12 banks making up to nearly 50 per cent of the overall assets in the system, have benefited from capital injections from main shareholders, daily ‘Romania libera’ reports. Although the majority of credit institutions have explained capital increases by a need to expand, the amounts are actually used to improve their solvency hurt by the lower value of real estate collaterals and the higher provisions required for credit arrears. The National Bank of Romania (BNR) requires merchant banks to continuously provide a solvency rate of 10 per cent, as a ratio of own funds to overall assets and elements outside the balance sheet, depending on the degree of credit risk. At the latest stress test, the European Union came with a novelty element, which, if applied in Romania too, would place local banks in a rather risky zone. European officials chose to examine the banks’ condition according to an indicator only taking fast access liquidity into account. In Romania, the ratio of level 1 capitals to overall assets is but of 7.55 per cent, and it hardly exceeds 5 per cent in the case of the least capitalised banks.