The Romanian Banking System’s Evolution in Time
The Romanian Banking System’s Evolution in Time
Author(s): Mariana Rodica ŢÎRLEA Subject(s): Economy
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Banking system; Commercial banks; Intermediate; Deposits; Paymentmethod; Current account contract
Summary/Abstract: The Romanian banking system is composed of all commercial banks, which are coordinated by the National Bank of Romania. Besides the role of attracting bank deposits and managing payment methods, banks also play the role of intermediary, which is realized through transactions between debtors and creditors, which is the equation that ensures compatibility between supply and demand in the market, determining thereby, economic growth and increase in the level of the gross domestic product.
Journal: Management Intercultural
- Issue Year: 2014
- Issue No: 30
- Page Range: 281-286
- Page Count: 6
- Language: English