THE BRIDGE-BANK, A PRIVATE CREDIT INSTITUTION
THE BRIDGE-BANK, A PRIVATE CREDIT INSTITUTION
Author(s): Rada PostolacheSubject(s): Law, Constitution, Jurisprudence
Published by: Editura Lumen, Asociatia Lumen
Keywords: stabilizing measures; special supervision; special administration; transfer of assets and liabilities
Summary/Abstract: The bridge-bank is new in the Romanian banking legislation. According to our lawmaker, it is a credit institution, but, with special features in relation with the credit institutions stated by our banking law. It was designed with a very well determined purpose – of achieving the “stabilizing measures” approved by the National Bank of Romania regarding distressed credit institutions. We shall analyze the legal statute of the bridge-bank, in terms of its constituents, establishing for each the specificity, and using the law as mean of comparison.
Journal: Jurnalul de Studii Juridice
- Issue Year: VIII/2013
- Issue No: 1-2
- Page Range: 53-61
- Page Count: 9
- Language: English
