CONSIDERATIONS ON THE RETAIL CREDIT MARKET IN ROMANIA Cover Image

CONSIDERATIONS ON THE RETAIL CREDIT MARKET IN ROMANIA
CONSIDERATIONS ON THE RETAIL CREDIT MARKET IN ROMANIA

Author(s): Jenica Popescu
Subject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: retail; risk; profit; market; international financial crisis; new banking products

Summary/Abstract: The rhythm of significant growth of the credit, as well as the conduction of it preponderantly towards the population represents characteristics met in Romania until middle of 2008 year. Before these evolutions, the Romanian banks appeared to have found the necessary instruments for a corresponding management of the crediting process. Since October of last year, the event fund the consequences of international financial crisis, witnessing a phenomenon to halt the credit. Among the products that I estimate that the Romanian banking sector will preponderantly use are: credits designated to the acquisition of goods of long term use; credit cards; mortgage credits; derived financial instruments.

  • Issue Year: 2009
  • Issue No: 12
  • Page Range: 89-96
  • Page Count: 8
  • Language: English