Considerations on Hedge Accounting of Bank Loans
The credit brokerage market in Romania exceeds 1.5 billion lei, or 5-6% of the total retail loans granted by banks. However, if we withdraw from this total the loans granted through the First Home Program, the share of loans granted by brokers rises to 9-10%, according to market data, one of the mos...
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| Format: | Article |
| Language: | English |
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Ovidius University Press
2018-01-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
| Subjects: | |
| Online Access: | http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/02/21-2.pdf |
| _version_ | 1828518172234350592 |
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| author | Nicolae Traian Cristin |
| author_facet | Nicolae Traian Cristin |
| author_sort | Nicolae Traian Cristin |
| collection | DOAJ |
| description | The credit brokerage market in Romania exceeds 1.5 billion lei, or 5-6% of the total retail loans granted by banks. However, if we withdraw from this total the loans granted through the First Home Program, the share of loans granted by brokers rises to 9-10%, according to market data, one of the most active brokers on the market. In other countries, this share rises to 60% for the UK and the Netherlands, or 14% for Belgium. The volume of loans brokered by intermediary brokers was in excess of 700 million lei in 2016, according to the most recent estimate of the Romanian Credit Brokers Association (ARBC). As the members of the association account for about half of the market, the total volume of the market reached about 1.5 billion lei in the same year, ie 5-6% of the total retail loans granted by banks. |
| first_indexed | 2024-12-11T18:51:36Z |
| format | Article |
| id | doaj.art-9e8570f7d2f749bd9e7608aa7867d091 |
| institution | Directory Open Access Journal |
| issn | 2393-3127 2393-3127 |
| language | English |
| last_indexed | 2024-12-11T18:51:36Z |
| publishDate | 2018-01-01 |
| publisher | Ovidius University Press |
| record_format | Article |
| series | Ovidius University Annals: Economic Sciences Series |
| spelling | doaj.art-9e8570f7d2f749bd9e7608aa7867d0912022-12-22T00:54:17ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272018-01-01XVIII2672677Considerations on Hedge Accounting of Bank LoansNicolae Traian Cristin0„Ovidius” University of ConstantaThe credit brokerage market in Romania exceeds 1.5 billion lei, or 5-6% of the total retail loans granted by banks. However, if we withdraw from this total the loans granted through the First Home Program, the share of loans granted by brokers rises to 9-10%, according to market data, one of the most active brokers on the market. In other countries, this share rises to 60% for the UK and the Netherlands, or 14% for Belgium. The volume of loans brokered by intermediary brokers was in excess of 700 million lei in 2016, according to the most recent estimate of the Romanian Credit Brokers Association (ARBC). As the members of the association account for about half of the market, the total volume of the market reached about 1.5 billion lei in the same year, ie 5-6% of the total retail loans granted by banks.http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/02/21-2.pdfbank loanshedge accountingtrends |
| spellingShingle | Nicolae Traian Cristin Considerations on Hedge Accounting of Bank Loans Ovidius University Annals: Economic Sciences Series bank loans hedge accounting trends |
| title | Considerations on Hedge Accounting of Bank Loans |
| title_full | Considerations on Hedge Accounting of Bank Loans |
| title_fullStr | Considerations on Hedge Accounting of Bank Loans |
| title_full_unstemmed | Considerations on Hedge Accounting of Bank Loans |
| title_short | Considerations on Hedge Accounting of Bank Loans |
| title_sort | considerations on hedge accounting of bank loans |
| topic | bank loans hedge accounting trends |
| url | http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/02/21-2.pdf |
| work_keys_str_mv | AT nicolaetraiancristin considerationsonhedgeaccountingofbankloans |