Bank performance and soundness in the new EU member states
Bank performance and soundness in the new EU member states
Author(s): Ioana-Iuliana TomuleasaSubject(s): National Economy, Economic policy, International relations/trade, Transformation Period (1990 - 2010), Present Times (2010 - today), EU-Accession / EU-DEvelopment
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Financial crisis; Bank performance; Financial soundness indicators;
Summary/Abstract: This paper investigates the soundness and performance of the banking systems from seven non-euro EU countries, outlining the particularities of each sector. Another objective of this paper is to examine the main determinants of bank soundness in the Romanian sector, taking into consideration bank-specific and macroeconomic factors. To account for bank profitability and soundness, it was used both a comparative and an empirical analysis, the period studied being 2004-2012. The main results showed that the financial world is currently under the sign of profound changes, which were generated by the mutations in the international economic sphere. Finally we consider that the analyzed banking systems are facing historical changes, being necessary a reconfiguration of the banking sector, towards a new business model, a stricter regulatory and more transparent framework, and a comprehensive mix of economic policies.
Journal: Management Intercultural
- Issue Year: 2014
- Issue No: 31
- Page Range: 499-512
- Page Count: 14
- Language: Romanian