ORGANIZATION AND FUNCTIONING OF COMMERCIAL BANKS IN ROMANIA – TRANSYLVANIA BANK

With the development of the industry, they have the term of short credit operations of the production cycle. The credit term gradually increased, part of the Bank's resources began to be invested in fixed capital, securities, etc., thus the term "commercial" in the notion of bank has lost its original meaning. Now, this term implies the "business" character of the bank, its orientation towards serving all economic agents regardless of the sphere of activity. In the modern market economy, the activity of commercial banks has a major role with all their connections with the sectors of the economy. The purpose of banks is to ensure the continuous circulation of capital and money, lending to industrial enterprises, the state and the population, creation favorable conditions for economic growth. Modern commercial banks, having the role of financial intermediaries, perform an important macroeconomic function, ensuring the inter-branch and inter-regional redistribution of monetary capital. The objective of this article is based on an effective analysis of the situation of commercial banks in Romania, with Transilvania Bamk as the direct target. Thus, the scope of the work is a financial-banking one, which can lead to a comparative study with the other institutions.