The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also include💧s insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
The Romanian financial sector has a sizable potential to catch up to regional and EU development levels. The domes🎐tic credit-to-GDP ratio amounted to 29.9% in 2015, one of the smallest numbers in Eu💞rope. The financial sector generated 3.4% of the ...
极速赛车168开奖官网开奖:View more detailsRomania is rich in mineral resourc🌃es suc♌h as fossil fuels, salt, gold, silver and non-ferrous metals. Its has the largest oil and natural gas reserves in CEE, however, current production levels are not enough to make the country self-sufficient, thus ...
极速赛车168开奖官网开奖:View more detailsAgriculture is one of the backbone sectors of the Romanian economy. It accounts for 5.3% of GDP, but its share in employment is 29.3%. Agriculture is the largest sector ༒in Romania in terms of employment. The monthly gross wages in the sector were ...
极速赛车168开奖官网开奖:View more detailsFood and beverage manufacturing is the largest manufacturing sector in Romania in terms of value added. It accounts for 5%of the GDP of the country. In 2014 t🅺he domestic market for food and beverages contracted by 3.7% y/y in line with a GDP slowdown ..🅠.
极速赛车168开奖官网开奖:View more details