BUSINESS

New Libra Bank branch for Chinese investors in Romania



Recently, Libra Internet Bank officially inaugurated the Fundeni branch, located in the Red Dragon Complex and primarily aimed at Chinese and Romanian-Chinese capital companies, a press release notes. This year marks five years since Libra Internet Bank began providing banking services to the Chinese business community in Romania, by specially designed branches included. On this occasion, Emil Bituleanu, CEO of Libra Internet Bank, stated that the institution he runs works with Bank of China as intermediate bank, which makes payments and international trade operations between clients and China more rapid and low-cost. In addition, Irinel Dumitrascu, Fundeni branch manager, said Libra Internet Bank became member of the Romanian-Chinese House in 2013 and is continuously developing its expertise on such market niches.

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