Banking in Romania during and after socialism
Banking in Romania during and after socialism

Summary/Abstract: The main objective of this study is to provide an overview of Romanian Banking Market during socialism, in the period of transition until the integration in the European Union and the period after the integration in the EU until nowadays. The study shows the transformation and main reforms in the Romanian banking industry in the last sixty years. To achieve this objective, it has been conceived a comparative study of banking in Romania using available literature, critical analysis and professional experience of the author. The originality and value of the article comes from the analysis of the evolution of Romanian banking and of both positive and negative implications of attracting foreign capital in banking.

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