Aggregate Presentation of the Financial-Banking System in Romania and France

Banking activity is necessary and fundamental in the socio-economic operation by involving economic flows and circuits, present in correlation with the financial element. From this perspective, the banking activity is characterized by the complexity and diversity of risks, an ascending evolution due...

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Bibliographic Details
Main Authors: Viorica Ioan, Ioana Lazarescu, Cristina Garstea
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2020-12-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Subjects:
Online Access:http://www.eia.feaa.ugal.ro/images/eia/2020_3/Ioan_Lazarescu_Garstea.pdf
Description
Summary:Banking activity is necessary and fundamental in the socio-economic operation by involving economic flows and circuits, present in correlation with the financial element. From this perspective, the banking activity is characterized by the complexity and diversity of risks, an ascending evolution due to the increase of the economic-financial circuits on the domestic and international banking financial markets. Moreover, the burden on the financial sector highlights how economic growth and financial stability evolve in line with risk management in the banking system. Therefore, banks in the Romanian and French banking system operate according to a program developed to identify, quantify, know, and initiate measures to avoid or reduce risks.
ISSN:1584-0409
1584-0409