Financial Inclusion in Romania : Issues and Opportunities
The report aims to explore and analyze the major gaps in financial inclusion and access to finance in Romania, as identified in the Technical Note on Financial Intermediation prepared in the context of the Financial Sector Assessment Program (FSAP)...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/830431587015032573/Financial-Inclusion-in-Romania-Issues-and-Opportunities http://hdl.handle.net/10986/33629 |
| Summary: | The report aims to explore and analyze
the major gaps in financial inclusion and access to finance
in Romania, as identified in the Technical Note on Financial
Intermediation prepared in the context of the Financial
Sector Assessment Program (FSAP) (2018). The FSAP technical
note analyzed the factors at play explaining the relatively
low and declining level of financial intermediation in
Romania for both the household and the corporate segment and
offered policy recommendations to support sustainable
enhancement of financial intermediation. The report is
organized as follows: chapter one conducts a geo-spatial
mapping of financial inclusion and access to finance for
both individuals and enterprises. Chapter two is a
diagnostic assessment of the state of finance for
agriculture and identifies constraints and potential
opportunities. Chapter three provides an overview of the
role of the cooperative financial institutions in financial
inclusion especially in rural areas and recommendations how
this may be enhanced. |
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