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 |
| _version_ | 1818135250504515584 |
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| author | Ramona Mariana Calinica |
| author_facet | Ramona Mariana Calinica |
| author_sort | Ramona Mariana Calinica |
| collection | DOAJ |
| description | 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 by pronounced vulnerability, induced by a number of previous and unremedied deficiencies. The purpose of this article is to identify these failures and for this purpose, an analysis will be made on the evolution of the non-government credit in the period prior to the economic and financial crisis, taking into account the level of the credit standards at the time. It will also be analyzed the evolution of the credit risk and progression of other important banking indicators, identifying the negative effects of a possibly wrong direction of the Romanian banking system in the period prior to the recent economic and financial crisis. |
| first_indexed | 2024-12-11T09:21:32Z |
| format | Article |
| id | doaj.art-8c1af16134994dae88ebd22c82397e2a |
| institution | Directory Open Access Journal |
| issn | 1584-0409 1584-0409 |
| language | English |
| last_indexed | 2024-12-11T09:21:32Z |
| publishDate | 2015-09-01 |
| publisher | Dunarea de Jos University of Galati |
| record_format | Article |
| series | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
| spelling | doaj.art-8c1af16134994dae88ebd22c82397e2a2022-12-22T01:13:15ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04091584-04092015-09-01212115122The Rapid Rate of Growth of Non-government Credit in 2004-2008 vs lowering the Lending Standards – a Major Impact on the Romanian Banking System StabilityRamona Mariana CalinicaThe "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 by pronounced vulnerability, induced by a number of previous and unremedied deficiencies. The purpose of this article is to identify these failures and for this purpose, an analysis will be made on the evolution of the non-government credit in the period prior to the economic and financial crisis, taking into account the level of the credit standards at the time. It will also be analyzed the evolution of the credit risk and progression of other important banking indicators, identifying the negative effects of a possibly wrong direction of the Romanian banking system in the period prior to the recent economic and financial crisis.http://www.eia.feaa.ugal.ro/images/eia/2015_2/CalinicaR.pdf |
| spellingShingle | Ramona Mariana Calinica 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 Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
| title | 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 |
| title_full | 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 |
| title_fullStr | 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 |
| title_full_unstemmed | 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 |
| title_short | 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 |
| title_sort | 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 |
| url | http://www.eia.feaa.ugal.ro/images/eia/2015_2/CalinicaR.pdf |
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