Romania has made significant economic progress, but challenges remain in achieving sustainable and inclusive growth. Women, who make up 52 percent of the population, experience lower labor force participation and entrepreneurship rates compared to men.
The gender finance gap limits women's financial inclusion and economic empowerment. A study by the IFC identifies barriers and market opportunities for financial service providers to address gender disparities. By collaborating with banks and financial institutions, these initiatives aim to unlock new funding sources, including digital and non-banking solutions, to support women's business growth and economic participation.
This study helps the stakeholders explore how gender-focused financial tools and services are making a difference in Romania. It also reflects broader goals set out in the World Bank Group’s Gender Strategy and Corporate Scorecard, which track progress toward gender equality through measurable results. By highlighting real impacts and lessons learned, the study offers insights into how financial inclusion can empower women and drive more inclusive growth.