Development of non-banking sector in EU and Bulgaria

Nedelchev, Miroslav (2015): Development of non-banking sector in EU and Bulgaria. Forthcoming in: Anniversary Scientific Conference, Trakia University, Stara Zagora, 19-20 May 2015

Abstract

Article explores the development of non-banking sector in EU. The new institutional framework sets a new role for the financial intermediaries outside commercial banks. The analysis reveals macroeconomic issues which define the modern expectations to microeconomic players. The trend in Bulgaria follows dynamic processes in EU. In addition to European issues, Bulgarian ones include socio-demographic red tapes for non-banking sector.

• Item Type: MPRA Paper
• Language: English
• Keywords: non-banking sector, insurance corporations, pension funds
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services; G - Financial Economics > G2 - Financial Institutions and Services > G22 - Insurance ; Insurance Companies ; Actuarial Studies; G - Financial Economics > G2 - Financial Institutions and Services > G23 - Non-bank Financial Institutions ; Financial Instruments ; Institutional Investors

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