IDEAS home Printed from https://ideas.repec.org/a/ddj/fseeai/y2013i1p35-44.html
   My bibliography  Save this article

Strategies Adopted by Romanian Banks to Reduce the Payment Incidents

Author

Listed:
  • Oana BĂRBULESCU SEITAN

    (Transilvania University of Braşov, Romania)

  • Cristina BALTEANU

    (Babeş–Bolyai University of Cluj–Napoca, Romania)

Abstract

In the past few years, the lack of the market liquidity generated some difficulties in the process of recovering the claims from the partners. This has determined the banks to find solutions with which to protect their clients against the financial imbalances of their partners, imbalances that otherwise would directly affect their own business. However, the permanent changes of the banking regulations led to a continuous diversification of the relations between the bank and its customers. In this context, during January-February 2013, it was drawn up a qualitative marketing research, its main objective consisting in identifying and analyzing the main measures taken by banks to reduce the number and the value of payment incidents generated by the use of debt instruments. The study also considered the outline of potential measures that can be taken for adapting the regulations in the field to the needs of the Romanian business environment.

Suggested Citation

  • Oana BĂRBULESCU SEITAN & Cristina BALTEANU, 2013. "Strategies Adopted by Romanian Banks to Reduce the Payment Incidents," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 35-44.
    • Handle: RePEc:ddj:fseeai:y:2013:i:1:p:35-44
    as

    Download full text from publisher

    File URL: http://www.eia.feaa.ugal.ro/images/eia/2013_1/BarbulescuBalteanu.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Payment incident; Bank; Check; Promissory note; Marketing research;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

    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:ddj:fseeai:y:2013:i:1:p:35-44. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Gianina Mihai (email available below). General contact details of provider: https://edirc.repec.org/data/fegalro.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.