The Rapid Rate of Growth of Non-government Credit in 2004-2008 vs lowering the Lending Standards – a Major Impact on the Romanian Banking System Stability
The "subprime" credit crisis started in 2007 in the USA was the most eloquent example of the fact that stability and proper functioning of the banking system of a country is essential. It was obvious that when this adverse phenomenon occurred, the Romanian banking system was characterized...
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Format: | Article |
Language: | English |
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Dunarea de Jos University of Galati
2015-09-01
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Series: | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
Online Access: | http://www.eia.feaa.ugal.ro/images/eia/2015_2/CalinicaR.pdf |