Organizational and Functioning Model for a Banking Institution from Romania– Branch for an “International Bank” Cover Image

Organizational and Functioning Model for a Banking Institution from Romania– Branch for an “International Bank”
Organizational and Functioning Model for a Banking Institution from Romania– Branch for an “International Bank”

Author(s): Ioana Florentina Budu
Subject(s): National Economy, Business Economy / Management, Micro-Economics, Financial Markets
Published by: EDITURA ASE
Keywords: management; organizational; finance; bank; structure;

Summary/Abstract: The organizational structure of the bank, in Romania, can comprises the “Head Office” of the Bank and the network of agencies. The bank, the Romanian branch, is managed by a General Manager and Deputy General Managers, called Executive Management. However, internally, the General Manager together with the Deputy General Managers and the Directors of Divisions are collectively called Senior Management Team. The HO divisions can be divided into: “Core Business functions”, with direct control over business areas and “Business Partner functions”, meaning guidance, support and control functions with duties of directing and assisting the bank structure for matters connected to management, administration, planning and risk management. The organizational structure of agencies is defined according to some main differentiators which are: size/staff number, location and product/service offerings; there are Type A agencies, B and C. The bank is also organized by committees which are: Credit Committee and Assets and Liabilities Management Committee.

  • Issue Year: 10/2009
  • Issue No: S2
  • Page Range: 995-1001
  • Page Count: 7
  • Language: English