The European examination process of mergers proposes an efficient analysis, transparent and adjusted to merger economical circumstances. The European examination of merger has an administrative side ant the European Commission itself has the decisional authority to impeach or not over a...

This paper explores the latest trends in Romanian investment fund industry by examining the investors’ prudentially behavior before and after the crisis. We focus our study on a data set from the Romanian National Securities Commission (abr. CNVMR), with evidence on quarterly data on net sales...

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,...

This study examines, based on empirical analysis, the relationship between corporate governance expressed by corporate structure, the structure of committees, the risk management and the internal control framework and the institutional transparency on bank performance in the Romanian banking...

The monetary policy, as part of the economic policy, represents an absolute prerogative of the central bank. Although all monetary policy instruments are identical in most Central and Eastern European states, the manner and the frequency with which they are used differs from country to country....