ROBOR - a “Thumbscrew” of the Romanian Financial System?
Although present in the banking business for several years, ROBOR has recently become a much discussed and disputed problem in the Romanian economic life. Even if - just recently, after many disputes, it was replaced, we try to clear the situation. What is and what is the use of this banking tool...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Danubius University
2019-05-01
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| Series: | EIRP Proceedings |
| Subjects: | |
| Online Access: | http://proceedings.univ-danubius.ro/index.php/eirp/article/view/1922/2009 |
| _version_ | 1828807230403641344 |
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| author | Viorica Pușcaciu Rose-Marie Pușcaciu |
| author_facet | Viorica Pușcaciu Rose-Marie Pușcaciu |
| author_sort | Viorica Pușcaciu |
| collection | DOAJ |
| description | Although present in the banking business for several years, ROBOR has recently become a much
discussed and disputed problem in the Romanian economic life. Even if - just recently, after many disputes, it
was replaced, we try to clear the situation. What is and what is the use of this banking tool that influences
financial activity and influences the lives of many of us? This paper intends to clarify – at least partly – the
importance and the main aspects of this banking instruments that lately became a true, “thumbscrew” for the
Romanian financial system. Thus, this research is meant to be an essayistic approach of this controversial
matter, which has much influenced the economic and social scene in our country. The study refers to the
functioning mechanism ROBID-ROBOR, to the reasons of which the interest rates are related to ROBOR, and
tries to answer to the question like - what are the factors that influence the evolution of ROBOR, and how this
bank index influences bank rates. Our study is addressing both to specialists, and also to the students and
researchers which might be interested in this matter. It is a quantitative and qualitative approach of the subject
meant to be useful for anyone would read it. |
| first_indexed | 2024-12-12T08:22:33Z |
| format | Article |
| id | doaj.art-f672cec3ebb843fdb73559adeee6c378 |
| institution | Directory Open Access Journal |
| issn | 2067-9211 2069-9344 |
| language | English |
| last_indexed | 2024-12-12T08:22:33Z |
| publishDate | 2019-05-01 |
| publisher | Danubius University |
| record_format | Article |
| series | EIRP Proceedings |
| spelling | doaj.art-f672cec3ebb843fdb73559adeee6c3782022-12-22T00:31:22ZengDanubius UniversityEIRP Proceedings2067-92112069-93442019-05-01141294303ROBOR - a “Thumbscrew” of the Romanian Financial System?Viorica Pușcaciu0Rose-Marie Pușcaciu1Danubius University of GalatiDanubius University of GalatiAlthough present in the banking business for several years, ROBOR has recently become a much discussed and disputed problem in the Romanian economic life. Even if - just recently, after many disputes, it was replaced, we try to clear the situation. What is and what is the use of this banking tool that influences financial activity and influences the lives of many of us? This paper intends to clarify – at least partly – the importance and the main aspects of this banking instruments that lately became a true, “thumbscrew” for the Romanian financial system. Thus, this research is meant to be an essayistic approach of this controversial matter, which has much influenced the economic and social scene in our country. The study refers to the functioning mechanism ROBID-ROBOR, to the reasons of which the interest rates are related to ROBOR, and tries to answer to the question like - what are the factors that influence the evolution of ROBOR, and how this bank index influences bank rates. Our study is addressing both to specialists, and also to the students and researchers which might be interested in this matter. It is a quantitative and qualitative approach of the subject meant to be useful for anyone would read it.http://proceedings.univ-danubius.ro/index.php/eirp/article/view/1922/2009interest; loan; average rate; bank institutions; indicator |
| spellingShingle | Viorica Pușcaciu Rose-Marie Pușcaciu ROBOR - a “Thumbscrew” of the Romanian Financial System? EIRP Proceedings interest; loan; average rate; bank institutions; indicator |
| title | ROBOR - a “Thumbscrew” of the Romanian Financial System? |
| title_full | ROBOR - a “Thumbscrew” of the Romanian Financial System? |
| title_fullStr | ROBOR - a “Thumbscrew” of the Romanian Financial System? |
| title_full_unstemmed | ROBOR - a “Thumbscrew” of the Romanian Financial System? |
| title_short | ROBOR - a “Thumbscrew” of the Romanian Financial System? |
| title_sort | robor a thumbscrew of the romanian financial system |
| topic | interest; loan; average rate; bank institutions; indicator |
| url | http://proceedings.univ-danubius.ro/index.php/eirp/article/view/1922/2009 |
| work_keys_str_mv | AT vioricapuscaciu roborathumbscrewoftheromanianfinancialsystem AT rosemariepuscaciu roborathumbscrewoftheromanianfinancialsystem |