THE GLOBAL CRISIS AND THE BANKING SYSTEM OF ROMANIA IN THE YEAR 2009
THE GLOBAL CRISIS AND THE BANKING SYSTEM OF ROMANIA IN THE YEAR 2009
Author(s): Jenica PopescuSubject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: financial crisis; banking system; risk; financing sources
Summary/Abstract: The financial system of Romania evolved in conditions strongly influenced by the manifestation of the global financial-economic crisis. At the beginning of the crisis, the Romanian economy had travelled through a period of many years of economic growth, accompanied however by the accumulation of a relatively important external deficit, as well as the increase of the external debt on short term. The banking sector faced well these pressures.
Journal: Analele Universităţii din Craiova - Seria Ştiinţe Economice
- Issue Year: XXXVII/2009
- Issue No: _
- Page Range: 1-11
- Page Count: 11
- Language: English