Danescu (ARB): Legislative risk represents the main challenge for the banking industry in Romania

Legislative risk is the main challenge for Romania's banking sector, with 80% of current projects linked to this issue, according to Florin Danescu from ARB. He highlighted the negative impact of recent legislative initiatives on interest rates and credit agreements. Danescu emphasized that the stability of the banking system is crucial for the economy, but low financial intermediation remains a significant concern, as Romania ranks last in Europe for credit volume relative to GDP.