What is banking, and what are its benefits in Romania?

Banking is the industry and practice of offering financial services like taking deposits, loaning money, and assisting with financial transactions. Banks are essential for providing individuals and companies with access to key financial products such as checking and savings accounts, loans, and investment options. Romania’s banking sector offers a stable environment with investment opportunities and financial services in a developing economy, making it an appealing choice for those in search of reliable and expanding banking options.