EARLY DEVELOPMENT OF THE ROMANIA’S BANKING SYSTEM AND THE ROLE OF FOREIGN BANKS. The paper presents an historical synthesis of the rise and early growth of banking industry in Romania from mid-XIX century to the outbreak of World War I and concentrates on the last decades of this period. The...

The paper presents an historical synthesis of the rise and early growth of banking industry in Romania from mid-XIX century to the outbreak of World War I and concentrates on the last decades of this period. The idea of a single national bank of issue under the control of the government had been...