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Considerations On The Retail Credit Market In Romania

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Author Info
Prof. Ph.D Popescu Jenica (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)
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.

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Publisher Info
Article provided by University of Craiova, Faculty of Economics and Business Administration in its journal Revista Tinerior Economisti (The Young Economists Journal).

Volume (Year): 1 (2009)
Issue (Month): 12 (April)
Pages: 89-96
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Handle: RePEc:aio:rteyej:v:1:y:2009:i:12:p:89-96

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Related research
Keywords: retail; risk; profit; market; international financial crisis; new banking products;

Find related papers by JEL classification:
G01 - Financial Economics - - General - - - Financial Crises
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages

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This page was last updated on 2009-12-16.


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