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The Management of the Credit Institutions in the Context of the Elaboration and Implementation of the Banking Strategy

Author

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  • Dinculescu Elena Silvia
  • Mindreci Georgiana

    () (Universitatea Constantin Brancoveanu Pitesti
    Universitatea Constantin Brancoveanu Pitesti)

Abstract

The success of a credit institution is mainly due to tenacity and to a large dose of creativity which may manifest itself both at the level of superior management and among the performers in the activity of solving the problems encountered and in the process of formulating the overall strategy. According to the international standards in order to be considered truly modern banks, the Romanian banking institutions are required to submit a strategic program, and therefore within the major commercial banks there were set up departments of strategy that deal with the elaboration and implementation of strategic programs.

Suggested Citation

  • Dinculescu Elena Silvia & Mindreci Georgiana, 2010. "The Management of the Credit Institutions in the Context of the Elaboration and Implementation of the Banking Strategy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 964-967, May.
  • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:964-967
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    More about this item

    Keywords

    credit institutions; banking strategy; international standards;

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • E59 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Other

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