Recent Changes In The Contemporany Banking Systems And Their Implications
The current banking systems have lately passed through several transformations, embodied in the increased number of bank mergers and take-over and creating of internationally famous financial groups, most of which are present on the Romanian market. These changes have determined new orientations of the activities and functions which the banks hold in an economy and relate mainly to the banking deregulation, the use of the financial innovation, the globalization and the securitization of bank assets. All these features of the current banking systems, on one hand aimed at reducing the bank risk through a better capitalization of the banks consortia and thus feeling less acute the various risk-generating events and on the other hand, they represent one of the causes of a resounding financial crisis, as the one that the economies of the world are passing through today, given the effects that the bankruptcy of an international bank consortium can have over the global economy. Given these issues, in the international context of the banking systems, an identification is required and a correct assessment of the risks associated with the banking activity, in order to adopt the necessary measures for reducing them and their potential effects.
Volume (Year): 4 (2009)
Issue (Month): 4 (december)
|Contact details of provider:|| Postal: |
Phone: 004 0269 210375
Fax: 004 0269 210375
Web page: http://economice.ulbsibiu.ro/Email:
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:blg:journl:v:4:y:2009:i:4:p:140-148. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mihaela Herciu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.