Impact of Economic Crisis on Credit Insurance Market in Romania

Florina Vîrlanuta ()
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Florina Vîrlanuta: Dunarea de Jos University of Galati, Romania

Risk in Contemporary Economy, 2012, 39-44

Abstract: Bank Insurance phenomenon can not be attributed primarily or banks or insurance institutions. Near the two sectors was due to mutations occurring in supply and demand for financial services. Convergence bankers and insurers are determined by common platform for each country of local influence by supervisors and reforms at the central level. Credit insurance has emerged as a necessity stemming from the fact that most trade agreements concluded in circumstances in which payment is partially or completely after delivery of the goods or services covered by the agreement, so the payment delayed or selling on credit.

Keywords: Bank Insurance; Insurance Market; Economic Crisis (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2012:p:39-44

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