Actual stage of development for basel ii and effects on romanian financial system soundness

Bogdan Firtescu ()
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Bogdan Firtescu: The Department of Business Administration, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University

Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice, 2007, vol. 54, pages 83-88

Abstract: This article draws attention to the actual stage of Basel II implementation in Romania and its effects on financial system stability. An overview of the Basel I and II Accords and their possible future outcomes are debated. Some significant features of the law that approves Basel II framework in Romania are taken into discussion.

Keywords: Basel I and II Accords; financial system stability; bank capital; loan loss reserves; minimal capital requirement; Central Bank; commercial banks. (search for similar items in EconPapers)
Date: 2007
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Persistent link: http://EconPapers.repec.org/RePEc:aic:journl:y:2007:v:14:p:83-88

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