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The Romanian Banking System in the Context of the Actual Financial Crisis

Author

Listed:
  • David Delia

    (“ Vasile Goldiº” Western University of Arad)

Abstract

The performance of the Romanian banking industry represents a true picture of the macro-economic climate, and at the same time it sets the position of the Romanian banking system in the context of current European financial trends. This paper aims at presenting the trajectory of Romanian banks throughout the global financial crisis and the impact they have suffered. Also, it highlights the efforts made by the National Bank of Romania and the European supervisory institutions in terms of ensuring a climate of financial stability.

Suggested Citation

  • David Delia, 2012. "The Romanian Banking System in the Context of the Actual Financial Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1349-1354, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1349-1354
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    More about this item

    Keywords

    global financial crisis; the Romanian banking system; National Bank of Romania; financial stability.;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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