The management of credit risk for individuals and companies loans

The paper discusses recent changes in the Romanian financial system, with a particular emphasis on the Romanian banking system, and on the credit granting procedures. The factors influencing these mechanisms are classified and analyzed, with the view of mitigating credit risks for both individuals and companies.banking system, credit risk, risk management.

The Evolution of the Foreign Direct Investments in Romania

Last year, Romania ranked among first countries in the region as receiver of foreign direct investments and the positive signals from those who have a hard word to say regarding business community didn’t delay to appear. Prestigious international companies choose Romania, and today our country is already checked out on the international map of success locations as attractive destination for capital placements. You exist as a country, as destination in the business environment when you prove as country and to those from exterior when they look at you, that you can offer, you can assure the premises and the necessary frame for obtaining profit. 2007 proved not only that Romania exists as a country from the point of view of business destinations, but is situated on a much honorable position in front of the big international “players” which grants Romania today maybe the most valuable country rating: the respect. The present policy of foreign direct investments in Romania was conceived for attracting foreign investors. Romania’s economic potential is attractive through the internal market dimension (second market from Central Europe after Poland), through the high level of qualification of labor force, through the importance of existing resources and not in the last place through the proximity from the Occidental Europe countries, which represents the investment sources. The improvements of the business environment, the effects of introducing the unique quote of taxation and the positive attitude of foreign partners toward Romania conduced to the accented increasing of foreign direct investments in the last years. Each foreign investment represents an investment in Romania, in the people of this country, in its capacity to become a credible partner for the international business environment representatives. Investments are those which locate you on the map. It represents the barometer, the “health” of a nation.evolution, investments, business environment, competitiveness, risk

A fixed point theorem for multivalued mappings

A generalization of the Leray-Schauder principle for multivalued mappings is given. Using this result, an existence theorem for an integral inclusion is obtained

Some remarks on a fixed point theorem of Krasnoselskii

Using a particular locally convex space and Schaefer's theorem, a generalization of Krasnoselskii's fixed point Theorem is proved. This result is further applied to certain nonlinear integral equation proving the existence of a solution on $\mathbb{R}_{+}=[0,+\infty).

THE IMPLICATIONS OF THE ECONOMIC POLICIES FOR THE SUSTAINABLE TOURISM DEVELOPMENT

The complex interaction mechanism between state and market economy implies the requirement that public power make use of adequate means and techniques for the difficult role the state has to play within economy. The allocation, distribution and, especially, regulatory role of the state presupposes the promotion of economic policy. The involvement of state in the field of tourism is determined by the importance of this sector for the national economy and by its features in relation to other production sectors. The assistance that governments might grant has various forms, from promoting the image of the country as tourist destination to realising the general infrastructure to tax exemption for operation with a tourism character. Even though the tourism sector is regarded, generally, as pertaining to private enterprise, tourism expansion was accompanied by a more and more considerable coordination of the governmental actions

Credit scoring for individuals

Lending money to different borrowers is profitable, but risky. The profits come from the interest rate and the fees earned on the loans. Banks do not want to make loans to borrowers who cannot repay them. Even if the banks do not intend to make bad loans, over time, some of them can become bad. For instance, as a result of the recent financial crisis, the capability of many borrowers to repay their loans were affected, many of them being on default. That’s why is important for the bank to monitor the loans. The purpose of this paper is to focus on credit scoring main issues. As a consequence of this, we presented in this paper the scoring model of an important Romanian Bank. Based on this credit scoring model and taking into account the last lending requirements of the National Bank of Romania, we developed an assessment tool, in Excel, for retail loans which is presented in the case study.Credit scoring, credit risk, retail loans.

An existence result of asymptotically stable solutions for an integral equation of mixed type

In the present Note an existence result of asymptotically stable solutions for the integral equation $$x\left( t\right) =q\left( t\right) +\int_{0}^{t}K\left( t,s,x\left( s\right) \right) ds +\int_{0}^{\infty }G\left( t,s,x\left( s\right) \right) ds$$ is presented

Limits of solutions of a perturbed linear differential equation

Using interesting techniques, an existence result for the problem $\ddot{x}+2f\left( t\right) \dot{x}+x+g\left( t,x\right) =0,$ $\lim\limits_{t\rightarrow +\infty }x\left( t\right) =\lim\limits_{t\rightarrow +\infty }\dot{x}\left( t\right) =0,$ is given in [2]. This note treates the same problem via Schauder-Tychonoff and Banach theorems