ROMANIA IN THE CONTEXT OF INTERNATIONAL BANKING. AN HISTORICAL APPROACH
ROMANIA IN THE CONTEXT OF INTERNATIONAL BANKING. AN HISTORICAL APPROACH

Summary/Abstract: In this study we assess the Romanian banking in the international framework from the beginning to nowadays. We try to underline the main implication of foreign capital on the Romanian banking system and economy. During the stage of the formation of the Romanian banking system, the foreign capital helped the emancipation of the Romanian economy. Subsequently it proved to have a negative impact. Nowadays, if before the experience of the effects of the international crisis, the foreign capital was helpful for the development and modernization of the domestic banking system, in the present times, its prevalence has a negative influence on the background of the reduction of the financing resources and of the interconnection with the western European banking systems, affected by the crisis.

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