IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Financial Rating Considering Economical Crisis

Listed author(s):
  • Violeta URSACHI

    (Casa de asigurări de sănătate Iaşi, România)

Registered author(s):

    Rating is a mark given by a rating agency to the debt of a banking company according to its capability to honour on due term the financial obligations resulting from this debt. The use of ratings is encouraged by the new banking prudential regulations issued on international market (Basel II Agreement) and introduced also in Romania by National Bank; these regulations define the methods to determine bank solvency calculation based on ratings held by banks’ customers. In 2009 the European Parliament approved a new regulation for the financial rating agencies and it comes into force in all the countries which are members of the European Union (EU). According to the new regulation, the rating agencies will have to meet the strict integrity, quality and transparency standards and they will be constantly supervised by public authorities. Rating agencies provide independent opinions owith regard to the salvency of a company, govern or of different financial instruments which are used by investors, creditors, issuers and governs playing an important role on the financial market. Current financial crisis proved that there were some major weaknesses in terms of methods and models used by rating agencies. It seems that rating became a necessity in the current financial world and also Romania should be in line with this trend.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by West University of Timisoara, Romania, Faculty of Economics and Business Administration in its journal Timisoara Journal of Economics.

    Volume (Year): 4 (2011)
    Issue (Month): 1(13) ()
    Pages: 57-62

    in new window

    Handle: RePEc:wun:journl:tje:v04:y2011:i1(13):a07
    Contact details of provider: Postal:
    Str. J.H.Pestalozzi nr. 16, 300115, Timisoara

    Phone: 004 0256 592506
    Fax: 004 0256 5925002
    Web page:

    More information through EDIRC

    Order Information: Postal: 16 J. H. Pestalozzi Street, 300115, Timisoara, Romania
    Web: Email:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:wun:journl:tje:v04:y2011:i1(13):a07. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Romeo Margea)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.