IDEAS home Printed from https://ideas.repec.org/a/vls/rojfme/v6y2018i1p80-83.html
   My bibliography  Save this article

The Growth Of The Bank Interest

Author

Listed:
  • DOBRESCU, Edith Mihaela

    (Institute for World Economy, N.I.E.R., Romanian Academy, Bucharest, Romania)

  • DOBRESCU, Emilian M.

    (Academy of Scientists, Economic, Legal and Sociological Sciences Section, Romanian Academy, Bucharest, Romania)

Abstract

The paper makes a theoretical update of the necessary and current phenomenon of bank interest rates growth by the states of the world and demonstrates the necessity of this phenomenon. Although the economy of world countries has been rising for the past 4-5 years, for some of the poorest countries, the cost of debt has reached the highest level in the last decade. Government treasuries have experienced the impact of falling raw materials exports, and dollar-denominated debt has risen as the US currency has appreciated. At the European Union level, bad loans reached more than 1 trillion (one thousand billion) euros and that is why the situation needs to be remedied more quickly to solve the problem of banks and restore their profitability. Unfortunately, these non-performing loans are concentrated only in a few countries, making the rebalancing process more difficult.

Suggested Citation

  • DOBRESCU, Edith Mihaela & DOBRESCU, Emilian M., 2018. "The Growth Of The Bank Interest," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 6(1), pages 80-83, October.
    • Handle: RePEc:vls:rojfme:v:6:y:2018:i:1:p:80-83
    as

    Download full text from publisher

    File URL: http://www.icfm.ro/RePEc/vls/vls_pdf_jfme/vol6i1p80-83.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Bank of International Settlements; Bank Interest; Federal Reserve of the United States;
    All these keywords.

    JEL classification:

    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

    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:vls:rojfme:v:6:y:2018:i:1:p:80-83. 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: Daniel Mateescu (email available below). General contact details of provider: https://edirc.repec.org/data/cfiarro.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.