Inovaţia financiară prin securitizare: Implicaţii pentru România

Constantin, Laura Gabriela
Publication date: 
The development of credit derivatives market, the delineation of credit securitisation technique along with their combination confirm the importance attached to these financial innovations with regard to the financial risk management. The present paper is based on the addressed observation and adduces the arguments for the utilisation of these financial products on the Romanian financial scene. The investigation focuses on the complexity of these instruments with reference to their evaluation and foremost on the aspects implied by their introduction on the Romanian financial market.
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