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Evolutions of the Concentration Degree in the Romanian Banking System

Author

Listed:
  • Gust Marius

    (Constantin Brâncoveanu University)

Abstract

The banking market has undergone significant changes in recent years. The determinants of these changes were customer demand, matching the supply of banking products and services to specific market economy, penetration of foreign banks that have come to dominate our banking system. The changes seem to have accentuated in the past two years, under the impact of the economic and financial crisis. Increasing of the banking concentration process in Romania was predictable, given that early forms had appeared even before the crisis, but also due to the large number of banks existing in Romania. The crisis amplified the process asa result of the difficulties of many banking actors, the appearance of losses due to overdue loans and last but not least the helplessness of shareholders, unable to provide new capital for the survival of Romanian banks

Suggested Citation

  • Gust Marius, 2015. "Evolutions of the Concentration Degree in the Romanian Banking System," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 769-773, May.
  • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:769-773
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2015/ANALE%20vol%2015_issue_1_pt%20site.pdf
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    More about this item

    Keywords

    bank; concentration; mergers; acquisitions;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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