The Economic Size of the Banks in Romania in Times of Recession

Lia Dorica HUSUSAN (dogaru) and Ioan Popa
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Lia Dorica HUSUSAN (dogaru): The Bucharest Academy of Economic Studies, Romania
Ioan Popa: The Bucharest Academy of Economic Studies, Romania

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2011, vol. 12, issue 6, 367-371

Abstract: Financial crises no matter what period we talk about, had a tremendous impact heavily on the banking companies, with major implications in the national economy. This paper analyzse the characteristics that has defined the crisis of 1929 compared with those of the current crisis, their impact on banking companies and its dimension. Banking Companies of Romania represent the core of this analysis because they operate in an immature socio-banking area, constantly changing, strongly affected by international financial turbulences. In this context, we considered of paramount importance the identification of the causes that led to the crisis broke out, the effects on the banking companies and thus over the entire economy.

Keywords: banking company; financial crisis; economy; causes. (search for similar items in EconPapers)
JEL-codes: M19 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:12:y:2011:i:6:p:367-371

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