1937–38 Divizia B

The 1937–38 Divizia B was the fourth season of the second tier of the Romanian football league system.

The format has been maintained, but this time both series had 12 teams, instead of 13. Also it was decided to reduce Divizia A to a single series of 12 teams, so only the winners of the Divizia B series promoted.

To Divizia B
Promoted from Divizia C
 * Tricolor Baia Mare
 * Telefon Club București
 * UD Reșița
 * SG Sibiu
 * Hatmanul Luca Arbore Rădăuți
 * Gloria CFR Galați
 * Prahova Ploiești

Relegated from Divizia A

From Divizia B
Relegated to Divizia C

Promoted to Divizia A
 * Sportul Studențesc
 * Phoenix Baia Mare
 * CFR Brașov
 * Jiul Petroșani
 * Dacia Unirea IG Brăila
 * Vulturii Textila Lugoj
 * Dragoș Vodă Cernăuți
 * Olimpia CFR Satu Mare

Disqualified teams

 * IAR Brașov