FINANCIAL INCLUSION

Economic development of a country, but also the living standards of its citizens can be analyses through financial services offered. For over five years the availability of financial services is included in a category called financial inclusion and, in the broadest sense, it would mean access to the use of financial services by households and firms (current account, deposit, loan, investment, insurance, etc.). The relevance of financial inclusion for economic development of a country or its reverse, underdevelopment of a country, made organizations such as World Bank, International Monetary Fund, Bank for International Settlements or forums supranational institutions such as the G20 or simple private initiative but international visibility regard this concept and have the targets in this regard. We have noticed a valence evolutionary concept. Thus, from an understandable initial basic measured only by a few indicators, it was currently a very complex concept, measurable by a large number of indicators that allow assessment multilateral levels (access to financial services, their use, and their quality). Finally, it is important to follow the level of financial inclusion in Romania and its evolution.