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Impact Of The International Financial Crisis On The Garantibank In Turkey And Romania

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  • Filiz AGAOGLU

    (International Business and Economic, The Bucharest University of Economic Studies)

Abstract

A crisis can be defined as “a high degree of instability and carries the potential for negative results that can endanger the continuity of the organization” (Klann, Gene, 2003, p. 4) or other way round, a crisis represents a status of threat, urgency, and uncertainty (Boin et al., 2009). The purpose of this study is to gain better understanding of bank’s situation in the time of an international financial crisis in different countries. The objective of the study is to find out how Garantibank faces the international financial crisis in Turkey and at the same time in Romania. The story of Garantibank's crisis in Turkey and Romania is presented. An empirical data for two cases of Garantibank: Garantibank in Turkey and Garantibank in Romania, which have been collected through interviews, statistics, organizational documents, are presented.

Suggested Citation

  • Filiz AGAOGLU, 2013. "Impact Of The International Financial Crisis On The Garantibank In Turkey And Romania," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 2, pages 13-27, October.
    • Handle: RePEc:cmj:networ:y:2013:i:2:p:13-27
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    References listed on IDEAS

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    More about this item

    Keywords

    International Financial Crisis in Turkey and in Romania; Garantibank;

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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