Munich Personal RePEc Archive

Proper funds of banking romanian companies

Troaca, Victor (2007): Proper funds of banking romanian companies. Published in: Annals of the University "Constantin Brancusi" Tg-Jiu , Vol. 3, No. 1 (2008)

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Abstract

The development of the activity by the banking companies, in normal conditions, imposes on that these ones should dispose on a certain volume of proper funds, determined in accordance with their size, the profile of operations and the assumed risks. The specific of banking activity imposes on the necesity that these ones should permanently ensure a certain level of proper funds, which should not lower under the level of statutory capital requests established by the regular authority, namely the National Bank of Romania. The importance of proper funds for a banking company is rendered evident also by the lawgiver, by means of fact that , in order to be made, a banking company needs a minimum level of distinct proper funds or an initial capital, which nowadays is situated at the equivalent level of 5 milion Euro. The level of proper funds of the societies are always pursued by the statutory authority, for which reason the banking companies have the obligation to determine and report regularly these funds to the National Bank of Romania. There is presented in the paper the componence of proper funds of a banking company, the way of their determination and regular minimum requests of proper funds in which the banking societies should frame.

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