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Romania – Financial sector assessment program : financial intermediation – technical note (anglais)

Banking financial intermediation relative to the economy is low and declining. The depthof the Romanian banking sector is lagging both in terms of deposit and loan penetration. Cross-cutting factors such as poverty, rurality and informality form a set of constraints that still persist affecting both financial inclusion and intermediation. On the demand side, credit needs remain limited due to low enterprise density, poor health of enterprises, especially...
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