Sistemul financiar-bancar in era Next Generation EU

Danila, Marius Ioan (2021): Sistemul financiar-bancar in era Next Generation EU. Published in: Contributors.ro (6 May 2021)

Abstract

The global coronavirus pandemic (COVID-19) has triggered an unprecedented crisis, creating social, political, economic and financial challenges for both Europe and the rest of the world. Faced with all these challenges, governments have implemented ambitious measures to support companies and households. Micro and macro prudential authorities have complemented these efforts, in particular by sending a strong signal to banking institutions to use existing capital buffers in order to continue to provide essential financial services and absorb losses, while avoiding a sudden and excessive reduction in lending, which would be detrimental to the economy. Support from governments and prudential authorities, together with monetary policy measures at European level, has maintained financial stability. Credit risk must be a key priority for the relevant authorities. Ensuring that problematic exposures are properly managed and in a timely manner will be essential to prevent the accumulation of non-performing loans. It is also important for banks to consider all available information and to develop new alternative credit risk indicators that take into account the economic environment, the implementation of moratoriums and other support schemes.

• Item Type: MPRA Paper
• English Title: Banking in the Next generation EU era
• Language: Romanian
• Keywords: credit risk, uncertainty, NextGenerationEU, non performing loans, asset quality
• Subjects: E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E44 - Financial Markets and the Macroeconomy; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages

References

Various speeches and interviews of Fabio Panetta, Member of the Executive Board, European Central Bank, 2021 Various speeches and interviews of Philip R. Lane, Member of the European Central Bank Executive Board, 2021 Various speeches and interviews of Elizabeth McCaul, Member of the Supervisory Board of the European Central Bank, 2021 Various speeches and interviews of Andrea Enria, Chair of the Supervisory Board of the European Central Bank, 2021