Accounting Issues Related to Market Risks of Loan Products
This scientific paper aims at an empirical study of some brief aspects of credit in the current stage of the Romanian economy . A potential reduction in population lending in Romania is believed to have a huge impact on consumption, production , investments and on the state budget. Thus, a 10 % redu...
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| Format: | Article |
| Language: | English |
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Ovidius University Press
2019-01-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
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| Online Access: | http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/08/11-4.pdf |
| Summary: | This scientific paper aims at an empirical study of some brief aspects of credit in the current stage of the Romanian economy . A potential reduction in population lending in Romania is believed to have a huge impact on consumption, production , investments and on the state budget.
Thus, a 10 % reduction in amounts of credits will have a negative impact on GDP of 4 %. The new draft laws allow the creation of a space of unconfirmed provisions. All these proposals come with losses for the banking industry, including image, and, paradoxically, is happening in the Romania where financial intermediation occupies a low level - more than a quarter - 26.4%. The large differences in the regulatory laws adopted by the Member States contribute to the differences in the flows of the European market . |
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| ISSN: | 2393-3127 2393-3127 |