The Impact of Monetary Policy on Bank Lending in Romania in the Context of Covid-19

Violeta Elena Drăgoi; Larisa Elena Preda; Lavinia Roxana Dincă Diaconu; Ana-Mariana Dincu

doi:10.2478/vjes-2023-0008

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The Impact of Monetary Policy on Bank Lending in Romania in the Context of Covid-19

Valahian Journal of Economic Studies

Volume 14 (2023): Issue 1 (July 2023)

By: Violeta Elena Drăgoi, Larisa Elena Preda, Lavinia Roxana Dincă Diaconu and Ana-Mariana Dincu

Open Access

|Jul 2023

Abstract

This study explores the impact of the monetary policy of the National Bank of Romania, with its instruments and objectives during the Covid-19 pandemic, on the banks lending in Romania, considering the data provided by the NBR for the last 6 years. Overall, our findings confirm that the increasing bank lending channel for global monetary policy was active during the pandemic crisis.

References

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Articles in this issue

DOI: https://doi.org/10.2478/vjes-2023-0008 | Journal eISSN: 2344-4924 | Journal ISSN: 2067-9440

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Language: English

Page range: 67 - 76

Published on: Jul 15, 2023

Published by: Valahia University of Targoviste

In partnership with: Paradigm Publishing Services

Publication frequency: 2 issues per year

Keywords:

monetary policy,

inflation,

interest rate,

minimum reserve requirements,

money market operations,

permanent facilities

Related subjects:

Business and economics,

Political economics,

Economic theory, systems and structures,

Business management,

Financial reporting, group accounting, accounting and balancing,

Management, organization, corporate governance,

Business informatics,

Information and communications systems

© 2023 Violeta Elena Drăgoi, Larisa Elena Preda, Lavinia Roxana Dincă Diaconu, Ana-Mariana Dincu, published by Valahia University of Targoviste
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Volume 14 (2023): Issue 1 (July 2023)