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Romania Financial Sector Report

Published by: Internet Securities, Inc. (Intellinews)

Published: Mar. 1, 2008 - 17 Pages


Table of Contents


Executive Summary

Banking Sector

Insurance Sector

Private Pensions Leasing Sector Appendix

Abstract

Local banking system continues to post strong increase in both credit and deposits. Banks' assets amounted to EUR 73.5 billion at the end of 2007 reaching more than 62% of the GDP. Foreign investment and market consolidation were the main drivers of insurance sector. Two companies, ING and Allianz-Tiriac, were able to attract 60% of participants.

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