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BANKS AND SYSTEMIC RISKS IN THE CONTEXT OF THE COVID-19 PANDEMIC
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BANKS AND SYSTEMIC RISKS IN THE CONTEXT OF THE COVID-19 PANDEMIC
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Conference Proceeding
BANKS AND SYSTEMIC RISKS IN THE CONTEXT OF THE COVID-19 PANDEMIC
2020
Overview
In Romania, banks identified seven high systemic risks and three moderate systemic risks. According to National Bank of Romania analysis, two of the systemic risks assessed at a high level by banks, namely the deterioration of internal macroeconomic balances and the rapid reduction of investor confidence in emerging economies are considered the most important systemic risks for financial stability. The main negative effects generated by the COVID-19 pandemic and the possible long-term implications of the COVID-19 have been identified. This research presents the systemic risks on the financial system for the period September 2020 - September 2021, identified by the banks within the Romanian banking system.
Publisher
Tibiscus University in Timisoara, Faculty of Economics
Subject
