Financial stability has not been in question over the past year, but the financial sector will continue to face difficulties arising from significant cross-border deleveraging and high levels of non-performing loans (NPLs), which are having a negative impact on lending, asset quality and bank profitability. However, the economic recovery will continue in 2014, and gather pace from 2015, so that over the medium term the sector will develop rapidly.
Greater concentration in the industry is likely as smaller players leave the market or are taken over. Further consolidation of the European financial services market would also lead to mergers among Romanian subsidiaries of EU parent banks.

Financial services report 2

Banks 3

Insurers 7

Asset managers 9

Financial markets and instruments 12

Financial regulation 13

Monetary and currency policy 16

Romania at a glance 17

Fundamental indicators 18

Key contacts 19

Industry publishing schedule 20

中国科学技术信息研究所