Banking Activity in Romania: Where to?

• Main Authors: Eleodor Alin Mihai, Cornelia Tomescu-Dumitrescu
• Format: Article
• Language: English
• Published: Ovidius University Press 2019-01-01
• Series: Ovidius University Annals: Economic Sciences Series
• Subjects: loans; deposits; inflation; banking system
• Online Access: http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/08/9-4.pdf

Lately, the Romanian banking system has experienced legislative changes that do not correspond to those imposed at European level, changes made without previous studies, which in the long run will affect lending, leading Romania to a new financial crisis. This article presents specific banking activity in Romania, starting from the analysis of the evolution of the inflation rate at both European and national level. Subsequently, the main aspects of financial stability in Romania were mentioned, continuing with the analysis of risk indicators and the rate of nonperforming loans.