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The Credit Activity Impact of Small and Medium Enterprises on the Economic Recovery of Romania

Author

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  • Neguriþã Octav

    („Spiru Haret” University, Faculty of Accounting and Financial Management Constanta)

Abstract

The economic sector of small and medium enterprises is one of the most important areas in the Romanian economy. However, granting loans to these companies is not at the same level as the importance they have in the economic sector, the banks being more cautious to granting loans to this kind of enterprises as opposed to loans to big companies. The financial law and the banking excessive prudence are only some of the causes of this situation. In this way, reduced or no financing has seriously affected the activity of small and medium companies and their decline has significantly influenced the overall economic developments of the last period of time.

Suggested Citation

  • Neguriþã Octav, 2011. "The Credit Activity Impact of Small and Medium Enterprises on the Economic Recovery of Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1496-1501, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1496-1501
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    More about this item

    Keywords

    banks; credit; risk; influence; liquidity;
    All these keywords.

    JEL classification:

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

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