CREDIT RISK IN FINANCING SME IN ROMANIA

Marius Vorniceanu, Brindusa Covaci () and Cristinel Claudiu Cocosatu ()
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Marius Vorniceanu: Universitatea Spiru Haret, Facultatea de Finante si Banci
Cristinel Claudiu Cocosatu: Universitatea Spiru Haret, Facultatea de Finante si Banci

No 2009/24, Papers from Osterreichish-Rumanischer Akademischer Verein

Abstract: Romania's integration in the European Union brought about some major changes in our banking system. One of the direct consequences is the fierce competition between banks for supremacy on the market. According to this, the Romanian banks saw in the SMEs sector a true potential for reaching their goal and they proceeded to conquer it by conceiving unique products, specially designed to reach the financial needs of this segment. Moreover, banks often come up with new attractive offers and cost reductions for the SMEs (Small and Medium Sized Enterprises) sector. In this context, some answers need to be done: the effective risk banks accept to take by providing the offers, specific risks in financing this sector, the problem of the balance between risk and profit return (or market share increase).

Keywords: credit risk; risk management; financing SME; bank policies (search for similar items in EconPapers)
JEL-codes: C61 G11 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2009-06-04
New Economics Papers: this item is included in nep-rmg and nep-tra
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:sphedp:2009_024

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