THE IMPACT OF THE COVID-19 PANDEMIC ON NON-PERFORMING LOANS IN THE BANKING SECTOR
When there are indications that the borrower is likely not to repay the loan or if more than 90 days have passed without the borrower having paid the agreed instalments, these loans are considered non-performing loans. This can happen when a person loses his job and therefore cannot repay a mortgage...
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| Format: | Article |
| Language: | English |
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University of Pitesti
2021-04-01
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| Series: | Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice |
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| Online Access: | http://economic.upit.ro/RePEc/pdf/2021_1_4.pdf |
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| author | Diana Elena BRINZA Mihaela Iuliana DUMITRU |
| author_facet | Diana Elena BRINZA Mihaela Iuliana DUMITRU |
| author_sort | Diana Elena BRINZA |
| collection | DOAJ |
| description | When there are indications that the borrower is likely not to repay the loan or if more than 90 days have passed without the borrower having paid the agreed instalments, these loans are considered non-performing loans. This can happen when a person loses his job and therefore cannot repay a mortgage under the agreed conditions, or when a company is facing financial problems, which is common in the current situation. Thus, in the current conditions, an increase in the level of non-performing loans is inherent, in the absence of protection measures. In this article, there were analyzed the measures taken by the Central Banks of the European Union to mitigate the effects of the COVID-19 pandemic, the actions taken by the National Bank of Romania in this context, as well as the necessary measures to be taken further by credit institutions in order to preserve their capital and liquidity and implicitly for the management of the stock of non-performing loans. |
| format | Article |
| id | doaj-art-cdfeb2b33c6a49508a752442aa6afe6a |
| institution | Kabale University |
| issn | 1583-1809 2344-4908 |
| language | English |
| publishDate | 2021-04-01 |
| publisher | University of Pitesti |
| record_format | Article |
| series | Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice |
| spelling | doaj-art-cdfeb2b33c6a49508a752442aa6afe6a2025-08-20T03:38:44ZengUniversity of PitestiBuletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice1583-18092344-49082021-04-012014552THE IMPACT OF THE COVID-19 PANDEMIC ON NON-PERFORMING LOANS IN THE BANKING SECTORDiana Elena BRINZA0Mihaela Iuliana DUMITRU1Faculty of Economics and Law, University of Pitesti, RomaniaFaculty of Economics and Law, University of Pitesti, RomaniaWhen there are indications that the borrower is likely not to repay the loan or if more than 90 days have passed without the borrower having paid the agreed instalments, these loans are considered non-performing loans. This can happen when a person loses his job and therefore cannot repay a mortgage under the agreed conditions, or when a company is facing financial problems, which is common in the current situation. Thus, in the current conditions, an increase in the level of non-performing loans is inherent, in the absence of protection measures. In this article, there were analyzed the measures taken by the Central Banks of the European Union to mitigate the effects of the COVID-19 pandemic, the actions taken by the National Bank of Romania in this context, as well as the necessary measures to be taken further by credit institutions in order to preserve their capital and liquidity and implicitly for the management of the stock of non-performing loans.http://economic.upit.ro/RePEc/pdf/2021_1_4.pdfpandemic; non-performing loanbanking sectorstabilityrisk |
| spellingShingle | Diana Elena BRINZA Mihaela Iuliana DUMITRU THE IMPACT OF THE COVID-19 PANDEMIC ON NON-PERFORMING LOANS IN THE BANKING SECTOR Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice pandemic; non-performing loan banking sector stability risk |
| title | THE IMPACT OF THE COVID-19 PANDEMIC ON NON-PERFORMING LOANS IN THE BANKING SECTOR |
| title_full | THE IMPACT OF THE COVID-19 PANDEMIC ON NON-PERFORMING LOANS IN THE BANKING SECTOR |
| title_fullStr | THE IMPACT OF THE COVID-19 PANDEMIC ON NON-PERFORMING LOANS IN THE BANKING SECTOR |
| title_full_unstemmed | THE IMPACT OF THE COVID-19 PANDEMIC ON NON-PERFORMING LOANS IN THE BANKING SECTOR |
| title_short | THE IMPACT OF THE COVID-19 PANDEMIC ON NON-PERFORMING LOANS IN THE BANKING SECTOR |
| title_sort | impact of the covid 19 pandemic on non performing loans in the banking sector |
| topic | pandemic; non-performing loan banking sector stability risk |
| url | http://economic.upit.ro/RePEc/pdf/2021_1_4.pdf |
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