Corruption in Romania

Romanian protests against political corruption

anti-corruption parquet

Romanian journalist

Bancorex was the largest bank in Romania during the 1990s, accounting for more than a fourth of the banking market share when it was closed down in 1999. The bank failed due to non-performing loans that were related to political corruption, especially behind-the-scenes political dealings. The bank was bailed out by the Romanian state, its good assets being then merged with the more solvent Banca Comercială Română.

Institutional corruption in the country