PERSPECTIVES ON THE FINANCIAL INTERMEDIATION IN ROMANIA WITHIN CHANGING MARKET CONDITIONS

Within a short period of time, the Romanian financial institutions, corporate sector as well as household sector, moved from a period when the financial institutions enjoyed a rapid expansion, to a period of financial distress. Corporate sector use to have easy access to loans and risk management was not one of the priorities at that time. Times have changed and thus the structure of loans, deposits and overdue loans has changed. The paper analyses the changes and tries to give a short and medium time perspective on the market evolution.