Fitch: Romania has the lowest rate of financial intermediation in the region
Romania has the lowest rate of financial intermediation in the region with a weight of gross credits of 40% of GDP at the end of the year, a report of the financial agency Fitch reads quoted by news agency Mediafax.
Levels close to Romania are also in Slovakia (49.5% – 11th position), Turkey (50.2% – 10th position), Poland (55.4% – 9th position) and Bulgaria (57.8% – 8th position). The weight of the deposits to the GDP in Romania are also the lowest in the region, of 33.9%. Romania’s banking system had last year the biggest weight of the region in non performing credits in the gross total of loans of 20.25%.
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