The banking industry has undergone significant operational changes over the last decade, thanks to advances in information technology. The rapid diffusion on the Internet has revolutionized the delivery channels used by the financial services industry. This article examines consumers’...

Asset-liability management (ALM) is a term whose meaning has evolved. It is used in slightly different ways in different contexts. ALM was pioneered by financial institutions, but corporations now also apply ALM techniques. In banking, asset and liability management is the practice of managing...

During the current global financial crisis has called into question the role and objectives of the regulation of financial markets and its scope of action. Liberalization of financial services under the impact of globalization and strong innovative character of the financial system, architecture...

This paper aims to analyze the dimensions of the nongovernmental credit in Romania, during 2004-2013, its positive implications and the generated risks, as well as the management of this phenomenon by the banking supervisory authority, in order to preserve financial stability.

We talk about crisis since 2008 and we still do not know if it's over, how and when it will end, what it will be after this period. It was a lesson for the whole system to have new standards when it comes to the financial system - banking, or just a new way of reshaping the human concept of...

Microfinance in general and the microcredit especially has a major role in the economic growth of a country and an important social impact, supporting the social inclusion. Moreover, its role becomes more vital, if we take into account the major negative effects of the recent financial crisis,...

In terms of market economies increasingly complex competitive environment reflects a prerequisite in ensuring transparent competition. This paper proposes an overview of the main meanings and characteristics of the competition, from a perspective of a viable and stable economic environment....

The Competition Policy is - by its two components: in a specific language known as "antitrust" and state aid - a barometer of market operation, a component of a functional market economy. Although this chapter makes no direct reference to macroeconomic indicators, the promoted policy is defined...

The advances in information technology have seen a radical change in the way that travel agents do business today. There are travel agents that have chosen to ignore the advances in technology; however, in the future, travel agents will have a choice of either using technology to change the way...

Access to information technologies and INTERNET create prerequisites for building information systems to serve the interest of individuals or entities. In this regard it is notable European initiative and is currently Romania to implement eservices as a solution to solve e-governance bureaucracy...