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The Economic Size of the Banks in Romania in Times of Recession

Author

Listed:
  • Lia Dorica HUSUSAN (DOGARU)

    (The Bucharest Academy of Economic Studies, Romania)

  • Ioan POPA

    (The Bucharest Academy of Economic Studies, Romania)

Abstract

Financial crises no matter what period we talk about, had a tremendous impact heavily on the banking companies, with major implications in the national economy. This paper analyzse the characteristics that has defined the crisis of 1929 compared with those of the current crisis, their impact on banking companies and its dimension. Banking Companies of Romania represent the core of this analysis because they operate in an immature socio-banking area, constantly changing, strongly affected by international financial turbulences. In this context, we considered of paramount importance the identification of the causes that led to the crisis broke out, the effects on the banking companies and thus over the entire economy.

Suggested Citation

  • Lia Dorica HUSUSAN (DOGARU) & Ioan POPA, 2011. "The Economic Size of the Banks in Romania in Times of Recession," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(6), pages 367-371, December.
    • Handle: RePEc:rom:rmcimn:v:12:y:2011:i:6:p:367-371
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    More about this item

    Keywords

    banking company; financial crisis; economy; causes.;
    All these keywords.

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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