Romania's adult financial inclusion rate has advanced to 71 percent from 68 percent two years ago, reveals the market survey "The Romanians' perception of the banking system: lending and the Romanians' financial inclusion", conducted by the Romanian Institute for Evaluation and Strategy (IRES) and commissioned by the Romanian Banks Association (ARB).According to the survey, approximately 77 percent of men use banking products and services, compared to just 66 percent of women. Also, 97 percent of the higher education population own at least current bank accounts.According to an ARB release, the share of Romanians with no current account is highest among people with low education, low incomes, or over 65 years of age, despite the basic current account being free of charge. By residence, 82 percent of the urban population owns banking products and services, compared to 60 percent of rural adults.Among the top reasons why people do not own a current account, 37 percent of the respondents mentioned too little income, 20 percent said they are paid in cash, 18 percent reported that all payments are made in cash, and 7 percent do not consider it useful. Approximately 70 percent of the respondents with bank accounts say they use debit cards. The credit card is used by 25 percent of the respondents to the survey.The survey was conducted between June and July 2024 at the commission of the Romanian Banks Association on a sample of 1,320 individual respondents, of whom 1,067 are users of banking products, and carries a maximum error margin of +/-2.75%.
The Alliance for the Union of Romanians, or AUR, announced during a meeting on Monday, November 3, that it supports former TV presenter Anca Alexandrescu for the position of mayor of Bucharest. The elections will be held on December 7. The leadership of AUR decided unanimously to support Anca Alexandrescu, although she is not a […]
A former Royal Navy minehunter has arrived at the Port of Constanța on Monday, November 3, to join the Romanian Naval Forces, following a 41-day journey from the United Kingdom that covered more than 4,200 nautical miles. The vessel, now named M271 “Căpitan Constantin Dumitrescu,” is the second minehunter delivered to Romania under a government-to-government […]
Romania has formally signed an intergovernmental agreement to acquire 18 F-16 fighter jets from the Netherlands, the Ministry of Defense announced on Monday, November 3. The aircraft, already stationed at the Fetești Air Base as part of the European F-16 Training Center (EFTC), will now become the property of the Romanian state and will be […]
Romania has 454 casinos, which places the country right after the United States, which hosts 2,147 such places and over 600 casino hotels, B1tv.ro reported. Bucharest ranks as the second city, after Las Vegas, in terms of the number of casinos per population....
The candidate of the National Liberal Party (PNL) for Bucharest general mayor, Ciprian Ciucu, is two percentage points ahead of Daniel Băluţă, the representative of the Social Democrats (PSD) in the race, seen so far as the preferred one, according to a survey commissioned by the Liberal Party and published by Cotidianul.ro, as reported by
Romania is nearing the conclusion of a "huge USD 30 billion" investment agreement with the United States covering nuclear, hydro, natural gas, and artificial intelligence-based technologies, energy minister Bogdan Ivan announced last week, according to Ziare.com and
