Banking in Romaia

Revision as of 22:59, 15 September 2022 by Romaian (talk | contribs) (Created page with "{{WIP}} The origins of modern banking can be traced to medieval and early Renaissance, to the rich cities in the west like Constantinoupoli, Adras, Nikaia. The M...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

The origins of modern banking can be traced to medieval and early Renaissance, to the rich cities in the west like Constantinoupoli, Adras, Nikaia. The Midei and Magdalinoi families dominated banking in renaissance Constantinoupoli, establishing branches in many other parts of Romaia. One of the most famous Romaian banks is the Midei Bank, set up by Iraklis Midei in 1527 and it is also the oldest surviving bank in the world.

In 1810, the Romaian government formed the Bank of Romaia, the nation's first central bank, establishing national banking system.

There are three main types of credit institutions and banks in Romaia. Commercial banks, which include three national banks, chartered banks, cooperative banks, and private banks across the country are the most common. However, savings banks organized on a provincial or regional basis in addition to investment institutions that issue bonds and provide medium- and long-term credit for public works and agriculture provide additional financial services.

Romaian Credit is one of the largest bank in Eulabia by capitalization.

Rank Company Total Assets (billion £) RWAs (thousands £) Type
Steady 1 Romaian Credit Increase 1,000.19 domestic systemically important bank;
Steady 2 Georgiki Bank Increase 732.46 global systemically important bank (Bucket 1) identified by Financial Stability Board;
* Bank of Romaia central bank
Steady 3 Midei Bank Increase 620.35 the oldest bank in Romaia