Financial education is an essential component to make consumers more accountable, as it offers understanding as regards how to manage personal ﬁnances, with a view to avoid risks and a possible ﬁnancial exclusion. This is a key element to rebuild consumers’ trust in the banking sector. In the context of the effects of the economic and ﬁnancial crisis, European regulators focus on drawing up norms stipulating more consumer protection via enhanced awareness. Taking into account the fact that ﬁnancial education and providing access to basic banking services represent priorities for Romanians, and considering the capacity of European citizens and the intention to create an integrated market for ﬁnancial services, starting national programmes by involving the state is a must, a situation which would lead to an adequate understanding of ﬁnancial and banking issues. The banking community of Romania supports the initiatives and actively contributes to improving the level of consumers’ ﬁnancial and banking education.