ANTICIPATION OF BANK FAILURES IN THE REPUBLIC OF MOLDOVA
Journal Title: MEST Journal - Year 2019, Vol 0, Issue 2
Abstract
The excessive risks taken by the banks resulted in banking crises, that caused the collapse of large financial institutions and even global recession. The main scope of this paper is to identify the causes, consequences, and methods of anticipating bank failures at national and international levels. The proposed scope is materialized in the following research task: identifying the ability of the National Bank of Moldova (NBM) to influence the local banks, as well as analyzing the legal framework regarding bank recovery and resolution. The research theme results from the necessity to maintain a stable and reliable banking system in order to ensure the continuity of financial intermediation, protect the depositors’ interests and contribute to the development of a strong economy. The value of the investigation is determined by the practical relevance of the study carried out, as well as by the recommendations contained in the paper, the implementation of which will contribute to streamlining the prudential supervision of the domestic banking system, preventing bank failures in future and ensuring the financial stability of the banking system in the Republic Moldova.
Authors and Affiliations
Stela Ciobu, Victoria Iordachi, Andrei Jalba
Keywords
Related Articles
- EP ID EP604043
- DOI 10.12709/mest.07.07.02.03
- Views 103
- Downloads 0
POLISH INNOVATIONS IN MANAGEMENT OF IMMIGRATION POLICY
Research tasks were to analyze the needs of Polish migrant workers and the number of poles that can immigrate from Ukraine, Belarus, Russia, and Kazakhstan. The focus was on the analysis of innovations in immigration pol...
MOBILE TOURIST INFORMATION SYSTEM WITH SAFETY RECOMMENDER COMPONENT
The authors suggested and described the architecture of the mobile tourist information system "Mobile information assistant of the tourist" (MIAT), that differs from existing analogs by the presence of user individual ch...
CRITICAL INFRASTRUCTURE PROTECTION SPECIFICATIONS IN THE TRANSPORT SECTOR
Contemporary society is more sensitive to new threats than 20 years ago. More than 15 years modern democratic countries developed support for the most important objects and services as are named critical infrastructure e...
THE HSR AS AN INNOVATIVE AND ECOLOGICAL MODE OF TRANSPORT
High-speed rails (HSR) connects major cities in developed countries, as listed in the table below. Internationally HSR is developed only in Europe, aiming at the use of trans-European transport network (TEN-T) to link al...
MODERN TRENDS IN DEMOGRAPHIC DEVELOPMENT OF SOCIETY: FINANCIAL ASPECT
The article considers modern demographic trends, analyzes the forecast scenarios of the development of the world community, taking into account the aging of the population, and justifies the need to search for new tools...