BANKING ACTIVITY’S FUNDAMENTAL FORCES OF CHANGE IN ECONOMIC ACTUAL<br /> CONDITIONS
Journal Title: Revista Tinerilor Economisti - Year 2009, Vol 1, Issue 13
Abstract
Five fundamental forces have transformed the structure of financial markets and institutions and reflect the intense competition financial firms face today: deregulation/reregulation, financial innovation, securitization, globalization, and advances in technology. Market participants can choose from a larger number of suppliers which places a premium on customer service. To remain competitive, banks should identify the products with which they have a market advantage and provide personal service. The basic theme is that increased competition, brought about not only by continued deregulation but also as financial firms find ways around regulation, has encouraged banks to assume increased portfolio risks in order to earn acceptable returns.
Authors and Affiliations
Popescu Jenica
Keywords
Related Articles
- EP ID EP91739
- DOI -
- Views 109
- Downloads 0
CHARACTERISTICS OF THE MANAGEMENT BASED ON KNOWLEDGE
The decisive role held by knowledge in all domains of economic activity through the impact exerted upon the functionality and performance of the organization, asks for the promotion of the management based upon knowle...
IMPACT OF FINANCIAL CRISIS ON DEVELOPING COUNTRIES
This paper aims to discusses in a critically manner the crisis and concludes that as far as the developing countries are concerned, a bit more optimism may be warranted. Although without doubt there are particular cou...
EVOLUTIONS IN THE WORLD COMPETITIVENESS CLASSIFICATION –THE CASE OF<br /> ROMANIA*
This article approaches the problem of competitiveness and aims to outline the place of our country from the point of view of competitiveness as opposed to other countries; this analysis is carried out at a global lev...
RISK AND PROFITABILITY IN BANKING SECTOR OF NEW MEMBERS STATES AND<br /> CANDIDATE COUNTRIES
With the recent accession of the new member states to the European Union, there is clearly a need for detailed analysis of their banking system risk and profitability. Rapid credit growth has been a recent feature of...
MEZZANINE DEBT: BENEFITS OR DRAWBACKS FOR FIRM’S FINANCING?
Mezzanine finance is an alternative source of finance to debt and equity and it can be helpful in financing the start-up and firms’ expansion. But in order to take their investment decisions, the firms should compare...