Romanian banking system reshuffling continued, with the process intensifying amid the pandemic, so that banks operating on the Romanian market at the end of the first 9 months of 2021 came to have a number of 51,713 employees, while the number of branches dropped to 3,695.
The ongoing coronavirus crisis is likely to step up digitalization, as well as the reshuffling of the Romanian banking system.
Against 2018, more than one quarter of bankers have left banks and over 43% of branches closed down.
In the entire 2020, 183 branches and banking agencies were shuttered and 456 bankers changed jobs.
(English version by Catalina Apostoiu)