The improved financial offers for the privatization of the Romanian Savings House - CEC will be submitted on October 5 this year, according to Hungarian online newspaper Portfolio.hu, quoting Bloomberg. The new date challenges previous information that mentioned October 10 as the deadline for CEC offer submission.
The news comes as last week Romanian Finance minister Sebastian Vladescu said the deadline will be set in October, with no specific date in this regard.
Two finalists - OTP Bank and National Bank of Greece - face each other in the last confrontation over CEC. The two were expected to submit their improved offers by August 31 this year, but have requested an audit on the financial results for the last six months, accoding to IFRS accounting standards.