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The Consequences Of The Financial Crisis On The Romanian Banking System

Author

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  • PETRIA Nicolae

    (Lucian Blaga University of Sibiu)

Abstract

The financial globalization determined the amplification of financial interconnections, increased the system complexity and efficiency, sped-up the undergoing financial flows, but also led to the rapid transmission of shocks and negative consequences of the crisis affecting the banking system. Europe and especially the Eurozone are confronted with the most severe banking crisis since the introduction of EMU and until now.

Suggested Citation

  • PETRIA Nicolae, 2016. "The Consequences Of The Financial Crisis On The Romanian Banking System," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(3), pages 114-126, December.
    • Handle: RePEc:blg:reveco:v:68:y:2016:i:3:p:114-126
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/68309petria.pdf
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    More about this item

    Keywords

    banking crisis; Romanian Banking system; banking oversight; liquidity; solvency;
    All these keywords.

    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G2 - Financial Economics - - Financial Institutions and Services

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