DEVELOPMENTS OF THE ROMANIAN BANKING SECTOR AFTER THE FINANCIAL CRISIS

Some CEE banking sectors performed better than the Western EU banking sectors in terms of profitability, liquidity or solvency. Still, there are some CEE banking markets very hit by the last financial crisis. Among those negatively affected banking sectors there is Romanian banking sector. This bank...

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Bibliographic Details
Main Author: Magdalena RADULESCU
Format: Article
Language:English
Published: University of Pitesti 2018-08-01
Series:Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
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Online Access:http://economic.upit.ro/repec/pdf/2018_1_1.pdf
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Summary:Some CEE banking sectors performed better than the Western EU banking sectors in terms of profitability, liquidity or solvency. Still, there are some CEE banking markets very hit by the last financial crisis. Among those negatively affected banking sectors there is Romanian banking sector. This banking sector faced very high fluctuations of its overall profitability, just like the Hungarian banking sector and, in the same time, recorded a high non-performing loans ratio junst like Bulgaria or Croatia. However, the Romanian banking system remained solid in terms of banking solvency or liquidity, just like the Bulgarian banking sector. The measures adopted by NBR when the crisis erupted were effective in the long-run and the Romanian banking sector overpassed the crisis and performed well in terms of profitability, cost efficiency or non-performing loans areas after 2015.
ISSN:1583-1809
2344-4908