The Challenges of Basel III for Romanian Banking System

Anca Elena Nucu
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Anca Elena Nucu: “Alexandru Ioan Cuza” University, Iaşi

Theoretical and Applied Economics, 2011, vol. XVIII(2011), issue 12(565), 59-70

Abstract: Basel III represents a fundamental review of the regulatory and supervision framework of the banking industry in the future, the aim being to strengthen the stability of the financial system. The purpose of this paper is to analyze the impact of Basel III introduction upon the banking system at European level, respectively, upon the Romanian banking system. If at European level it is estimated a substantial deficit in capital and liquidity, with major impact on profitability indicators, the impact of Basel III upon banking system in Romania is considered to be limited. The measures which credit institutions could take to mitigate the impact of alignment with the new standards are business model adjustment and balance sheet restructuring.

Keywords: financial stability; banking system; Basel III; systemic risk; Romania. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:12(565):y:2011:i:12(565):p:59-70

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