THE DEPOSITS OF ROMANIAN CREDIT INSTITUTIONS IN TIMES OF CRISIS
THE DEPOSITS OF ROMANIAN CREDIT INSTITUTIONS IN TIMES OF CRISIS
Author(s): Adina ApătăchioaeSubject(s): Transformation Period (1990 - 2010), Present Times (2010 - today), Financial Markets, Accounting - Business Administration
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: financial crisis; liquidity; static panel regression;
Summary/Abstract: Deposits are an important element of bank liquidity, being the primary source of bank funds, consequently the main basis for bank financing. The aim of this article is to analyze the evolution of bank deposits for the Romanian banking sector during 2007-2013, and to observe the actions undertaken by individual banks and by the central bank to ensure a certain level of liquidity in accordance with the regulations imposed by the monetary authorities. In our study the empirical analysis focuses on the Romanian credit institutions, outlining the main determining factors of bank deposits creation. The results of our analysis indicates that the main determinants of deposit creation refer to the interest rate paid by the bank, and to the level of financial performance of a credit institution, aspect related to the comfort and safety offered by a better capitalized and more stable bank.
Journal: Review of Economic and Business Studies (REBS)
- Issue Year: 2014
- Issue No: 13
- Page Range: 103-127
- Page Count: 25
- Language: English