Current Characteristics of the Romanian Banking Market

Mirela Catalina (Vint) Turkes ()
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Mirela Catalina (Vint) Turkes: "Dimitrie Cantemir" Christian University

Knowledge Horizons - Economics, 2013, vol. 5, issue 4, 145-149

Abstract: During the period 2004-2012, the credit institutions in Romania which activated in a highly competitive environment needed to adapt themselves to the new environment characterized by austerity and uncertainty – associated with the persistence of the effects of the international financial and economical crisis, having been forced to reduce to minimum the possible effects of contagion and to adapt themselves to both the requirements of the financial markets, as well as to the new regulation framework mainly oriented towards the consolidation of the capital and liquidity basis. The article presents the main characteristics of the Romanian banking market.

Keywords: Banks; bank marketing; banking system; evolution (search for similar items in EconPapers)
JEL-codes: G21 M31 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:khe:journl:v:5:y:2013:i:4:p:145-149

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