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Financial Services Report Romania Product Image

Financial Services Report Romania

  • Published: January 2013
  • Region: Romania
  • 24 Pages
  • The Economist Intelligence Unit

Financial stability has not been in question over the past year, but the Romanian financial sector will continue to face difficulties arising from the euro zone recession and sovereign debt crisis, and from subdued domestic growth, in 2013. However, the economic recovery will gather pace from 2014 and over the medium term the sector will develop rapidly.

Total net financial assets of the whole economy were estimated to be equivalent to 189% of estimated GDP at the end of 2012, much lower than in leading transition economies such as the Czech Republic. They are forecast to rise to 238% by end-2017.

The banking sector is the largest component of the financial system, accounting for around 85% of total net financial assets in 2012. Non-bank financial institutions (7%), insurance companies (5%), financial investment companies (1%), pension funds and investment funds account for the rest and have increased their share of the total.

Financial Services Report Romania

Market data: Financial services at a glance

Market data: Market opportunities

Market data: Key indicators

Financial services report
Overview

Banks

Insurers

Asset managers

Financial markets and instruments

Financial regulation
Overview
Regulatory watchlist

Monetary and currency policy: Monetary policy

Monetary and currency policy: Exchange rates

Romania at a glance
Sovereign debt ratings*

Fundamental indicators

Key contacts

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