Romanian banking market too crowded, analysts say

Analysts consider there are currently too many banks operating on the Romanian market, while no more than 20 institutions would have been enough to satisfy the demand on the market.Nevertheless, although they consider there are too many banks operating on the Romanian relevant market, analysts say there is nothing like a tight competition among such players, as more than 75 percent of the banking assets are held by the top five banks of the system.Bogdan Baltazar, a ...

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