The Role of the Romanian Banking System in the Durable Development of the Economy

Annals of the University of Petrosani, Economics, Vol. VI, 2006

6 Pages Posted: 5 Jan 2009

Date Written: December 15, 2006

Abstract

The efficiency of the banking system and financial markets represents a determinant factor for sustainable development. Thus, banks are essential for any modern economy, not only because of their turnovers but also because they provide a number of important functions for the national economy, being the main financier.

Keywords: banking system, role of banks in economy, banking degree of the economy

JEL Classification: G21

Suggested Citation

Driga, Imola, The Role of the Romanian Banking System in the Durable Development of the Economy (December 15, 2006). Annals of the University of Petrosani, Economics, Vol. VI, 2006, Available at SSRN: https://ssrn.com/abstract=1322824

Imola Driga (Contact Author)

University of Petrosani ( email )

20, Str. Universitatii
Petrosani 332006
Romania

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