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DEVELOPMENTS OF THE ROMANIAN BANKING SECTOR AFTER THE FINANCIAL CRISIS

Magdalena Radulescu ()
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Magdalena Radulescu: Faculty of Economics and Law, University of Pitesti, Romania

Scientific Bulletin - Economic Sciences, 2018, vol. 17, issue 1, 3-13

Abstract: Some CEE banking sectors performed better than the Western EU banking sectors in terms of profitability, liquidity or solvency. Still, there are some CEE banking markets very hit by the last financial crisis. Among those negatively affected banking sectors there is Romanian banking sector. This banking sector faced very high fluctuations of its overall profitability, just like the Hungarian banking sector and, in the same time, recorded a high non-performing loans ratio junst like Bulgaria or Croatia. However, the Romanian banking system remained solid in terms of banking solvency or liquidity, just like the Bulgarian banking sector. The measures adopted by NBR when the crisis erupted were effective in the long-run and the Romanian banking sector overpassed the crisis and performed well in terms of profitability, cost efficiency or non-performing loans areas after 2015.

Keywords: banking performance ratios; Central and Eastern European banking sectors; Romanian banking sector. (search for similar items in EconPapers)
JEL-codes: G14 G21 (search for similar items in EconPapers)
Date: 2018
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