Points of view regarding the effects of the domination of foreign currency in the Romanian Banking System

Dan Sergiu Bogoi and Gheorghe Birau
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Gheorghe Birau: National Bank of Romania

Finante - provocarile viitorului (Finance - Challenges of the Future), 2008, vol. 1, issue 7, 81-83

Abstract: More than any activity, in the banking field the phenomenon of globalization is starting to feel its presence stronger and stronger. Today, the Romanian banking system is dominated by the foreign currency that facilitated the access to external financing, led to the increase of efficiency in managing the risk with positive involvement on the steadiness of the banking system. Starting with this practical state, the paper presents a few viewpoints on the effect of foreign currency in the Romanian banking system.

Keywords: foreign capital; globalization; efficiency; contagion risk (search for similar items in EconPapers)
JEL-codes: G00 G21 G28 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2008:i:7:p:81-83

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