THE OPPORTUNITIES OF MOLDOVAN BANKING SYSTEM TO APPLY THE EUROPEAN UNION EXPERIENCE
THE OPPORTUNITIES OF MOLDOVAN BANKING SYSTEM TO APPLY THE EUROPEAN UNION EXPERIENCE
Author(s): Irina FrunzaSubject(s): Economy, Financial Markets
Published by: Universitatea Liberă Internațională din Moldova
Keywords: banking system; Czech Republic; European Union; financial indicators; monetary policy;
Summary/Abstract: The signing of an agreement between Moldova and EU involves a series of macroeconomic effects that can affect commercial banks, positively or negatively. Strengthening the position of banks in national markets in most European countries requires the strengthening of the internationalization of their activities. The crises of 2007-2009, 2012-2014 and their consequences constituted a shock to competition policy practice, which either that had to be accepted or replaced from the considerations of financial stability. A good example to follow, the transformation of banking system from worst one in a strong and stable one, is banking system from Czech Republic. Ensuring the necessary conditions for the transition to a single monetary policy in accordance with international practices and regulations by implementing Basel III
Journal: EcoSoEn
- Issue Year: 1/2020
- Issue No: 1-2
- Page Range: 145-149
- Page Count: 5
- Language: English