ROBOR - a “Thumbscrew” of the Romanian Financial System?
Although present in the banking business for several years, ROBOR has recently become a much discussed and disputed problem in the Romanian economic life. Even if - just recently, after many disputes, it was replaced, we try to clear the situation. What is and what is the use of this banking tool...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Danubius University
2019-05-01
|
| Series: | EIRP Proceedings |
| Subjects: | |
| Online Access: | http://proceedings.univ-danubius.ro/index.php/eirp/article/view/1922/2009 |
| Summary: | Although present in the banking business for several years, ROBOR has recently become a much
discussed and disputed problem in the Romanian economic life. Even if - just recently, after many disputes, it
was replaced, we try to clear the situation. What is and what is the use of this banking tool that influences
financial activity and influences the lives of many of us? This paper intends to clarify – at least partly – the
importance and the main aspects of this banking instruments that lately became a true, “thumbscrew” for the
Romanian financial system. Thus, this research is meant to be an essayistic approach of this controversial
matter, which has much influenced the economic and social scene in our country. The study refers to the
functioning mechanism ROBID-ROBOR, to the reasons of which the interest rates are related to ROBOR, and
tries to answer to the question like - what are the factors that influence the evolution of ROBOR, and how this
bank index influences bank rates. Our study is addressing both to specialists, and also to the students and
researchers which might be interested in this matter. It is a quantitative and qualitative approach of the subject
meant to be useful for anyone would read it. |
|---|---|
| ISSN: | 2067-9211 2069-9344 |