AN ASSESSMENTS OF THE BANKING SYSTEM PERFORMENCE OF ROMANIA & UNITED KINGDOM DURING THE LAST FINANCIAL CRISIS
Journal Title: Polish Journal of Management Studies - Year 2015, Vol 11, Issue 1
Abstract
After the global crisis and the worst global economic downturn of recent times, banks in Europe were striving for success in a continually changing industry. Numerous initiatives have been launched in order to improve the efficiency of the capital. Banks have made significant efforts in the recent period in order to stabilize their balance sheets and still have to realize all of the bad loans in their portfolios.This paper aims the conduct and performance of the UK and Romanian banking sector in the years of the last financial crisis. It provides an insight in the recent global financial crisis caused by the sub-prime mortgage crisis initiated in the United States and underlines its effects on the banking industry of the United Kingdom and Romania.<br/><br/>
Authors and Affiliations
L. M. Constantinescu, V. E. Drăgoi
Keywords
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