Speaker
Description
The integration of the Romanian banking system into the broader European banking framework is a complex process marked by institutional adaptations, harmonized regulations, and significant structural transformations. This article examines the main stages of this integration, focusing on alignment with the requirements of the European Banking Union, the implementation of Basel III standards, and the strengthening of prudential supervision through cooperation with the European Central Bank and the European Banking Authority. Additionally, the paper highlights the impact of integration on financial stability, banking competitiveness, and access to capital in Romania. A mixed qualitative-quantitative approach is employed, combining analysis of the legislative framework and macro-financial data to assess the current level of convergence and outline future prospects in a context shaped by geopolitical and digital uncertainties. The conclusions indicate an advanced degree of formal integration, while also emphasizing the need to strengthen institutional capacities and the resilience of the Romanian banking system to fully capitalize on the benefits of belonging to the European financial market.
