Theoretical and Applied Economics
No. 12 / 2011 (565)
The Challenges of Basel III for Romanian Banking System
“Alexandru Ioan Cuza” University, Iaşi
Abstract. Basel III represents a fundamental review of the regulatory and supervision framework of the banking industry in the future, the aim being to strengthen the stability of the financial system. The purpose of this paper is to analyze the impact of Basel III introduction upon the banking system at European level, respectively, upon the Romanian banking system. If at European level it is estimated a substantial deficit in capital and liquidity, with major impact on profitability indicators, the impact of Basel III upon banking system in Romania is considered to be limited. The measures which credit institutions could take to mitigate the impact of alignment with the new standards are business model adjustment and balance sheet restructuring.
Contents
The Monetary Policy and the Real Estate Market
Considerations regarding the Valuation and Valorization of Cultural Heritage
Institutional Metamorphoses regarding the Exercise of External Public Audit in Romania
Oltenia – Micro-destination of Cultural and Medical Spa Tourism
The Challenges of Basel III for Romanian Banking System
A Static Analysis of Pakistan’s Trade Policy with Selected Asian Countries
Social and Environmental Issues in Corporative Management: A Romanian Story
General Equilibrium Analysis of Electricity Market Liberalization in Singapore: A Comparative Study
Equity Risk Premium for Investments Projects in Renewable Resources