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Current Characteristics of the Romanian Banking Market

Author

Listed:
  • Mirela Catalina (Vint) Turkes

    ("Dimitrie Cantemir" Christian University)

Abstract

During the period 2004-2012, the credit institutions in Romania which activated in a highly competitive environment needed to adapt themselves to the new environment characterized by austerity and uncertainty – associated with the persistence of the effects of the international financial and economical crisis, having been forced to reduce to minimum the possible effects of contagion and to adapt themselves to both the requirements of the financial markets, as well as to the new regulation framework mainly oriented towards the consolidation of the capital and liquidity basis. The article presents the main characteristics of the Romanian banking market.

Suggested Citation

  • Mirela Catalina (Vint) Turkes, 2013. "Current Characteristics of the Romanian Banking Market," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(4), pages 145-149, December.
    • Handle: RePEc:khe:journl:v:5:y:2013:i:4:p:145-149
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    Citations

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    Cited by:

    1. Cristina Balaceanu & Diana Mihaela Apostol & Valentina Zaharia, 2014. "Entrepreneurship Stimulation Policies in the Romanian Economy Environment," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(1), pages 146-151, March.

    More about this item

    Keywords

    Banks; bank marketing; banking system; evolution;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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