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The Global Crisis And The Banking System Of Romania In The Year 2009

Author

Listed:
  • Jenica POPESCU, Prof. dr.

    (University of Craiova)

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.

Suggested Citation

  • Jenica POPESCU, Prof. dr., 2009. "The Global Crisis And The Banking System Of Romania In The Year 2009," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(37), pages 34-45, May.
  • Handle: RePEc:aio:aucsse:v:1:y:2009:i:11:p:34-45
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    File URL: http://feaa.ucv.ro/AUCSSE/0036v1-004.pdf
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    More about this item

    Keywords

    financial crisis; banking system; risk; financing sources;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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