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 become increasingly sophisticated, and others as a result of the economic and political contexts that have passed, which again – have required its...

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Main Author: Sbarcea Ioana Raluca
Format: Article
Language:English
Published: Sciendo 2019-04-01
Series:Studies in Business and Economics
Subjects:
Online Access:https://doi.org/10.2478/sbe-2019-0017
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author Sbarcea Ioana Raluca
author_facet Sbarcea Ioana Raluca
author_sort Sbarcea Ioana Raluca
collection DOAJ
description 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.
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spelling doaj.art-512e60c6e53d4decaf8313834afd4dc72022-12-21T23:40:01ZengSciendoStudies in Business and Economics2344-54162019-04-0114122123010.2478/sbe-2019-0017sbe-2019-0017Banks Digitalization - A Challenge for the Romanian Banking SectorSbarcea Ioana Raluca0Lucian Blaga University of Sibiu, RomaniaThe 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.https://doi.org/10.2478/sbe-2019-0017digitizationinternet bankingon-line banking
spellingShingle Sbarcea Ioana Raluca
Banks Digitalization - A Challenge for the Romanian Banking Sector
Studies in Business and Economics
digitization
internet banking
on-line banking
title Banks Digitalization - A Challenge for the Romanian Banking Sector
title_full Banks Digitalization - A Challenge for the Romanian Banking Sector
title_fullStr Banks Digitalization - A Challenge for the Romanian Banking Sector
title_full_unstemmed Banks Digitalization - A Challenge for the Romanian Banking Sector
title_short Banks Digitalization - A Challenge for the Romanian Banking Sector
title_sort banks digitalization a challenge for the romanian banking sector
topic digitization
internet banking
on-line banking
url https://doi.org/10.2478/sbe-2019-0017
work_keys_str_mv AT sbarceaioanaraluca banksdigitalizationachallengefortheromanianbankingsector