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The Role of the Banking System in National Economy: Empirical Evidence from Romania

Author

Listed:
  • Emilia Herman

    (George Emil Palade University of Medicine, Pharmacy, Science, and Technology of Targu-Mures, Gh. Marinescu no.38, Romania, Targu-Mures, 540141, România)

  • Nicoleta-Cornelia Alexa

    (George Emil Palade University of Medicine, Pharmacy, Science, and Technology of Targu-Mures, Gh. Marinescu no.38, Romania, Targu-Mures, 540141, România)

Abstract

The aim of this paper is to investigate the role of banking system in Romanian economy, in 2008-2023 period, focusing on the interlinkages between bank deposit, bank credit and interest rates. Additionally, this paper analyzes the financial intermediation of banking system (measured by domestic credit to private sector by banks as % of GDP) in Romanian economy and its contribution to economic growth and development.

Suggested Citation

  • Emilia Herman & Nicoleta-Cornelia Alexa, 2024. "The Role of the Banking System in National Economy: Empirical Evidence from Romania," Acta Marisiensis. Series Oeconomica, "George Emil Palade" University of Medicine, Pharmacy, Sciences and Technology of Târgu-Mureș, România - Faculty of Economics and Law, vol. 1, pages 19-30, December.
    • Handle: RePEc:pmu:oecono:v:1:y:2024:p:19-30
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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