Recent Developments of the Internal Credit in Romania

Authors

  • Elena Claudia Sîrbulescu University of Life Sciences „King Michael I” from Timisoara, Faculty of Management and Rural Tourism, 119, Calea Aradului, Romania
  • Luminiţa Pîrvulescu University of Life Sciences „King Michael I” from Timisoara, Faculty of Management and Rural Tourism, 119, Calea Aradului, Romania
  • Mariana Chirilă Polytechnic University Timisoara, 2, Piața Victoriei, Romania
  • Daniel Chirilă Polytechnic University Timisoara, 2, Piața Victoriei, Romania

Keywords:

internal credit, banking system, bank

Abstract

The article presents the structure of the Romanian banking system and the evolution of internal credit (governmental and non-governmental). Both aspects are analyzed from the point of view of their progress, retrospectively on the one hand, and potential systemic and macroeconomic risks on the other.
The banking system, through intermediation services, contributes to Romania's GDP (attracting deposits and placing loans), concretely by generating gross added value in the economy, its impact extending beyond economic aspects, as banks have an increased degree of responsibility towards the community.

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Published

2023-11-01