Romania’s banking sector is a dream come true for any banker looking for a dynamic and growing market. It seems the sky’s the limit for a country with a population of about 22 million, a booming economy and one of the lowest banking intermediation rates in Europe.
The banking sector has consolidated in the past few years and has become increasingly sophisticated since the first boom. This occurred in 1998-1999, when BRD, Banca Agricola and Bancpost were sold to Société Générale, Raiffeisen and EFG Eurobank respectively. Now another boom has started in earnest.
