IDEAS home Printed from https://ideas.repec.org/a/aio/rteyej/v1y2009i13p7-13.html
   My bibliography  Save this article

Banking Activity’S Fundamental Forces Of Change In Economic Actual Conditions

Author

Listed:
  • Prof. Ph.D Popescu Jenica

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)

Abstract

Five fundamental forces have transformed the structure of financial markets and institutions and reflect the intense competition financial firms face today: deregulation/reregulation, financial innovation, securitization, globalization, and advances in technology. Market participants can choose from a larger number of suppliers which places a premium on customer service. To remain competitive, banks should identify the products with which they have a market advantage and provide personal service. The basic theme is that increased competition, brought about not only by continued deregulation but also as financial firms find ways around regulation, has encouraged banks to assume increased portfolio risks in order to earn acceptable returns.

Suggested Citation

  • Prof. Ph.D Popescu Jenica, 2009. "Banking Activity’S Fundamental Forces Of Change In Economic Actual Conditions," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13), pages 7-19, NOVEMBER.
    • Handle: RePEc:aio:rteyej:v:1:y:2009:i:13:p:7-13
    as

    Download full text from publisher

    File URL: http://feaa.ucv.ro/RTE/013-01.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dimitris N. Chorafas, 2009. "Financial Boom and Gloom," Palgrave Macmillan Studies in Banking and Financial Institutions, Palgrave Macmillan, number 978-0-230-23583-0.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alina Manta & Roxana Nanu, 2010. "The Impact Of The Global Financial Crisis On The Management Of Banking Risks," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 5(2), pages 33-45, December.
    2. Zemla Sebastian, 2020. "Financial Crises in Comparative Perspective – Crisis Management and its Phenomenon of Repetition/Return," Naše gospodarstvo/Our economy, Sciendo, vol. 66(1), pages 65-77, March.
    3. Gulam Hassan, Mohamed Aslam, 2012. "Financial crisis - US versus Asian. Factors and policy response F," MPRA Paper 38206, University Library of Munich, Germany, revised 16 Apr 2012.
    4. Jenica Popescu & Victoria Firescu, 2013. "Considerations about Methods of Rescue for Financial Institutions: the Case of Cyprus," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(15), pages 72-78, December.
    5. Ana Preda & Mirela Monea, 2013. "Comparative Analysis and the Place of Romania on Insurance Global Market," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 13(2), pages 203-212.
    6. Assist. Ph.D Manta Alina Georgiana, 2009. "Management Of Banking Risks: Romanian Banks Versus European Banks," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13), pages 29-38, NOVEMBER.

    More about this item

    Keywords

    deregulation/reregulation; financial innovation; securitization; globalization; advances in technology;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aio:rteyej:v:1:y:2009:i:13:p:7-13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ionascu Costel (email available below). General contact details of provider: https://edirc.repec.org/data/fecraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.