Abstract:

This study analyzes the influence of the reserve requirements (RR) on banking in Romania. The purpose of this paper is to emphasize some causes that determine higher costs of lending in Romania, compared to other countries in the European Union (EU). Based on this, there are taken into consideration other induced effects in the real economy of keeping this monetary policy instrument. In the context of Romania's accession to the euro area, it is necessary for the National Bank of Romania to significantly reduce the level of these reserves.