Development of non-banking sector in EU and Bulgaria

Miroslav Nedelchev

MPRA Paper from University Library of Munich, Germany

Abstract: Article explores the development of non-banking sector in EU. The new institutional framework sets a new role for the financial intermediaries outside commercial banks. The analysis reveals macroeconomic issues which define the modern expectations to microeconomic players. The trend in Bulgaria follows dynamic processes in EU. In addition to European issues, Bulgarian ones include socio-demographic red tapes for non-banking sector.

Keywords: non-banking sector; insurance corporations; pension funds (search for similar items in EconPapers)
JEL-codes: G2 G22 G23 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:64553

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