期刊名称:Annals of the University of Craiova: Economic Sciences Series
印刷版ISSN:1223-365X
电子版ISSN:1843-3723
出版年度:2009
卷号:1
页码:1-11
语种:English
出版社:Universitaria Craiova
摘要:The international macroeconomic and financial environment has undergone major negative changes since the global financial crisis.The magnitude and intensity of the economic and financial crisis have been underestimated by authorities worldwide.The uncertainties surrounding future developments remain high.In Romania,the main challenges posed by the external sector refer to the worsening perception of risks,including contagion effects from the adverse regional developments,the contraction of external markets,the less readily available external financing and the replacement of global liquidity risk by solvency risk.In spite of this,the banking sector continued to report positive financial soundness indicators,displaying good capitalization and noticeable financial results.Stress testing analyses indicate a solid absorption capacity of moderate shocks.On the other hand,we proposed ourselves to quantify the degree of correlation between the European and Romanian banking systems through the solvency indicator using the trend analysis.