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Aggregate Presentation of the Financial-Banking System in Romania and France

Author

Listed:
  • Viorica Ioan

    (Dunarea de Jos University of Galati, Romania)

  • Ioana Lazarescu

    (Dunarea de Jos University of Galati, Romania)

  • Cristina Garstea

    (Dunarea de Jos University of Galati, Romania)

Abstract

Banking activity is necessary and fundamental in the socio-economic operation by involving economic flows and circuits, present in correlation with the financial element. From this perspective, the banking activity is characterized by the complexity and diversity of risks, an ascending evolution due to the increase of the economic-financial circuits on the domestic and international banking financial markets. Moreover, the burden on the financial sector highlights how economic growth and financial stability evolve in line with risk management in the banking system. Therefore, banks in the Romanian and French banking system operate according to a program developed to identify, quantify, know, and initiate measures to avoid or reduce risks.

Suggested Citation

  • Viorica Ioan & Ioana Lazarescu & Cristina Garstea, 2020. "Aggregate Presentation of the Financial-Banking System in Romania and France," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 114-118.
    • Handle: RePEc:ddj:fseeai:y:2020:i:3:p:114-118
    DOI: https://doi.org/10.35219/eai15840409144
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