RAB targets
Strategic approach
The Romanian Association of Banks (RAB), as the authorised voice of the banking industry from Romania, has as main strategic objectives aligning itself to the environment of the banking sectors from Central and Eastern Europe via efficiency, competitiveness and stability, while contributing to Romania’s economic prosperity.
RAB has been promoting the consolidation of a safe, predictable, transparent and reliable business environment in Romania.
RAB has as target positioning itself inside a constructive dialogue where the banking sector – in an institutional dialogue – is the promoter of solutions for the benefit of consumers and the Romanian economy, via:
- A proactive strategic approach RAB;
- Constant, integrated, proactive communication;
- Enhancing financial inclusion;
- Enhancing financial intermediation;
- Mitigating risks/barriers;
Promotion of projects of national and international scope:
- Platform for financial literacy
- The digital agenda
- Enhancing financial intermediation
- A platform-type approach, the synergy needed for common lines and projects
Enhancing financial inclusion
Enhancing financial intermediation
Mitigating risks/barriers
RAB positioning itself as the uniform voice of the banking sector
The deployment of strategic projects and RAB’s current activity structured around its Technical Commissions
The deployment of the self-regulating function, the audit and control of National Payment Schemes
1.1. Contribution to adapting the Romanian legal framework to the European legislation and transposition of European Directives by observing their spirit
1.2. The contribution of the banking sector as main financier of the Romanian economy to Romania’s economic integration in Central and Eastern Europe
1.3. Participating to the building of European mechanisms and direct access to information regarding decisions in this field-assuring dialogue, collaboration, experience exchange and best practices
1.4. Promoting the Romanian banking sector as an active part of the European banking system
2.1. Financial and digital education
2.2. RAB – a reliable partner of government institutions in establishing and adopting measures and promoting a legislation that stimulates the market economy in general and the financial & banking market in special
2.2.1. Positioning the RAB as a reliable partner in the relationship with public authorities (Parliament, Government, Ministries etc.)
2.2.2. Active participation of the banking sector in the process of designing economic, financial and fiscal etc. policies with impact upon this system
2.3. Implication in aligning to Europe and to the new trends in the field of payments and the development of innovative products
2.4. Cooperation with member banks, with a view to maintaining high standards as regards the safety of banking operations and banking activity in general
2.5. The contribution of the banking community for the development of the capital market
3.1. On-going communication improvement
3.2.. Enhancing the transparency of banking
3.3. More efficient banking flows via information exchanges and best practices
3.4. Supporting the proposals of the banking community by making use of specialised companies in the field
3.5. Identifying the economic sectors that have direct contact with banks and developing alliances with them
