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Analysis On The Romanian Banking Legislation And The Banks Probability Of Default

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  • Iulia Iuga

Abstract

This paper examining the perception on the judicial system and the law enforcement associated to the banks' probability to default. Credit institutions must continuously update and undertake a satisfactory legal analysis, which is to confirm the possibility of signing collateral contracts in all relevant jurisdictions. If necessary the analysis must be updated in order to assure, at any moment, the enforcing of those contracts.

Suggested Citation

  • Iulia Iuga, 2008. "Analysis On The Romanian Banking Legislation And The Banks Probability Of Default," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(10), pages 1-43.
    • Handle: RePEc:alu:journl:v:1:y:2008:i:10:p:43
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    References listed on IDEAS

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    More about this item

    Keywords

    probability to default; legal analysis; collateral contracts; jurisdictions;
    All these keywords.

    JEL classification:

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

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