Domestic banking system ended 2014 by 900 employees less

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The Romanian banking system had at the end of last year 57,732 employees, 40 credit institutions and 168 non-financial banking institutions (NFI), according to ‘Banking Supervision – evolution, principles, tools’ presentation of made by the Deputy Director of Supervision Department of the National Bank of Romania (BNR), Adrian Cosmescu, Agerpres informs.

Thus, the number of employees in the banking system in Romania has decreased during the last year, by about 900 to almost 59,000 employees at the end of 2013.

Compared to 2008, when the banking system peaked in terms of expansion, the number of employees has decreased significantly, by about 14,000 people, given that at December 31, 2008 in the system almost 72,000 employees were working.

According to BNR’s official presentation, at the end of last year, almost 40 credit institutions in the system had total assets of RON 364 billion, accounting to 54 percent of GDP and the 168 NFI sites totaled assets of RON 25 billion, representing 4 percent of GDP.

Moreover, 8 payment institutions and 2 eM institutions operate on the Romanian market.

 

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