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    STUDIA HISTORIA - Issue no. 2 / 2004  
         
  Article:   THE ROMANIAN BANKS OF TRANSYLVANIA IN THE YEARS OF WORLD WAR I.

Authors:  LUCIAN DRONCA. 		 
       
         
  Abstract:  The Romanian Banks of Transylvania in the Years of World War I. In the years of World War I, the Romanian Banks of Transylvania were affected by the present general financial situation within the Austro-Hungarian Empire. The circumstance was closely related to the evolution of the political concourse of events. During this period, the Romanian banks accumulated substantial funds due to inflation. This situation determined the debtors` to be able to refund the credits more easily. Although the Romanian banks` operations were not affected by the war too strongly, the latter led a losing policy as far as the grant of interests and dividends is concerned, strengthening thus the reserve stock, which they owned.  
         
     
         
         
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