## Romania: Financial Sector Assessment Program

_IMF Staff Country Reports, June 8, 2018_

## Source details

**Canonical URL:** [Romania: Financial Sector Assessment Program](https://www.imf.org/en/publications/cr/issues/2018/06/08/romania-financial-sector-assessment-program-45961)

## Other formats

- [Markdown version](/en/publications/cr/issues/2018/06/08/romania-financial-sector-assessment-program-45961/index.md)
- [Structured JSON version](/en/publications/cr/issues/2018/06/08/romania-financial-sector-assessment-program-45961/index.json)
- [Bundle manifest](/en/publications/cr/issues/2018/06/08/romania-financial-sector-assessment-program-45961/bundle-manifest.json)

## Bibliographic details
- Published: June 8, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484360446.002

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### Summary assessment
- This paper assesses the stability of the Romania’s financial system.
- Romania’s financial sector has strengthened significantly over the last few years.
- However, some vulnerabilities are emerging, and policy action is needed to address these risks and strengthen financial stability.

### Key findings and indicators
- Nonperforming loans reduced from 21.9 percent at its peak in 2013 to 6.4 percent as of December 2017.
- Average capital to risk-weighted assets now above 18 percent.
- Foreign-owned banks’ dependence on parent funding has significantly declined.
- Deposits from the domestic private sector have increased, reducing liquidity risks.
- Banks’ capital buffers strengthened on the back of a slowdown of credit and low interest rates.

### Subjects and keywords covered
- Banking; Commercial banks; Credit; Financial crises; Financial institutions; Financial sector policy and analysis; Loans; Money; Stress testing
- Keywords include: a number of bank; bank; bank corporate governance; bank resolution purpose; bank soundness indicator; Commercial banks; CR; Credit; Eurozone bank; Global; ISCR; loan; Loans; NBR; NBR securities; NBR subjects bank; parent bank; repo facility; return on assets; Stress testing; subjects bank; supervisory approach

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2018/cr18160.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2018/cr18160.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2018/06/08/romania-financial-sector-assessment-program-45961_