REFORMS OF ROMANIAN BANKS, AFTER 10 YEARS FROM THE FINANCIAL CRISIS

Ten years after the financial crisis, which began in 2008, although the Romanian banking system lost about 10% of its size (the share of assets in GDP), it continues to be the main component of the Romanian financial system, with a share of three quarters. In regards to bank resources, we note a decrease in Romanian banks' dependence on the external environment, better financial autonomy of banks towards non-financial creditors, but also a shift of banking risk to the population and enterprises, which have increased their contribution to financing of banks' operations. The developments in Romanian banks' assets field indicate a decrease in banks' interest in Romania's real economy, probably due to the increase in its risk. Also, Romanian banks preferred to obtain lower but risk-free incomes offered by the state to investments made for public debt financing and focused on placements outside Romania. Last but not least, a decrease in the liquidity of our banks due to the decrease in the claims on the NBR.