The customers borrowing behavior during the financial crisis
The global financial crisis determined the transition of the Romanian banking system from excess of liquidity to deficit, namely from an aggressive lending activity to a significant reduction of credit growth rate. In our country, the high indebtedness rate, especially in foreign currencies, is the...
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2013-05-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/865.pdf
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| Summary: | The global financial crisis determined the transition of
the Romanian banking system from excess of liquidity to deficit, namely
from an aggressive lending activity to a significant reduction of credit
growth rate. In our country, the high indebtedness rate, especially in
foreign currencies, is the main vulnerable spot of the population sector.
The main objective of this paperwork is to analyze factors that influence
the customers in their decision to borrow in foreign currencies or in Ron.
In this matter, it was used a regional econometric model for panel data in
order to see Romania’s customers borrowing preferences and to analyze
if the crises have changed their behavior. |
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| ISSN: | 1841-8678 1844-0029 |