<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The banking system has undergone several transformations since its beginning up to now, some as a result of adapting to customers’ requirements that have become increasingly sophisticated, and others as a result of the economic and political contexts that have passed, which again – have required its adaptation. Regardless of the situation, the banks have undergone a large digitization process, a process that is now in progress and which in the coming years can cause a significant change in the banking we knew about 10-15 years ago. Through this paper, I propose to analyse the situation of the banking system in terms of adapting to these challenges, at the level of Romania, in the context of the current situation at global and European level, in order to highlight both the progress achieved and the gap in comparison to the other countries, much more competitive from this perspective.</p></abstract>

The banking system has undergone several transformations since its beginning up to now, some as a result of adapting to customers’ requirements that have become increasingly sophisticated, and others as a result of the economic and political contexts that have passed, which again – have required its adaptation. Regardless of the situation, the banks have undergone a large digitization process, a process that is now in progress and which in the coming years can cause a significant change in the banking we knew about 10-15 years ago. Through this paper, I propose to analyse the situation of the banking system in terms of adapting to these challenges, at the level of Romania, in the context of the current situation at global and European level, in order to highlight both the progress achieved and the gap in comparison to the other countries, much more competitive from this perspective.

Banks Digitalization - A Challenge for the Romanian Banking Sector

Studies in Business and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Banks Digitalization - A Challenge for the Romanian Banking Sector"}

The banking system has undergone several transformations since its beginning up to now, some as a result of adapting to customers’ requirements that have...

Banks Digitalization - A Challenge for the Romanian Banking Sector

Published Online: May 16, 2019

Page range: 221 - 230

DOI: https://doi.org/10.2478/sbe-2019-0017

Keywords
digitization, internet banking, on-line banking

© 2019 Ioana Raluca Sbarcea, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Banks Digitalization - A Challenge for the Romanian Banking Sector

Published Online: May 16, 2019

Page range: 221 - 230

DOI: https://doi.org/10.2478/sbe-2019-0017

Keywordsdigitization, internet banking, on-line banking

© 2019 Ioana Raluca Sbarcea, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
digitization, internet banking, on-line banking