Banking supervising in Romania – attribute of the National Bank of Romania
Claudia Mititelu, Stefan Mititelu
Abstract
Open-access reader
Claudia Mititelu, Stefan Mititelu
Abstract
Open-access reader
Given the importance that the banking sector has for any national economy, the prudential regulation and supervision of the banking system is a prerequisite for ensuring economic and financial health of a country. Thus, we presented in the paper issues strengths and weaknesses of supervision, the effects of implementing Basel II and remedies to improve banking supervision.
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Given the importance that the banking sector has for any national economy, the prudential regulation and supervision of the banking system is a prerequisite for ensuring economic and financial health of a country. Thus, we presented in the paper issues strengths and weaknesses of supervision, the effects of implementing Basel II and remedies to improve banking supervision.
Key concepts: Business, Strengths and weaknesses, Financial system, Retail banking, National bank, Accounting, Finance, Philosophy