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- Title
HOW WERE BANKS INVOLVED IN SUPPORTING ROMANIAN SMEs DURING THE COVID-19 PANDEMIC?
- Authors
CATANĂ, ŞTEFAN; TOMA, SORIN-GEORGE; GRĂDINARU, CĂTĂLIN; NICOLETA, ZAINEA LOREDANA
- Abstract
Although banks have always been one of the engines of economic development, in such moments - a pandemic that affects the physical health of the population and the financial health of the economies - this role appears even more clearly outlined. The aim of this paper is to present the main financial government programs made available by banks from an emerging country to support its small and medium enterprises (SMEs) during the Covid-19 pandemic. The research is based on a quantitative method. The paper demonstrates that the Romanian banking and financial system is using dedicated government programs in order to financially support SMEs to survive during the difficult period generated by the pandemic.
- Subjects
ROMANIA; COVID-19 pandemic; GOVERNMENT programs; SMALL business; ROMANIANS; PANDEMICS
- Publication
Annals of 'Constantin Brancusi' University of Targu-Jiu. Economy Series / Analele Universităţii 'Constantin Brâncuşi' din Târgu-Jiu Seria Economie, 2020, Vol 20, Issue 5, p15
- ISSN
1844-7007
- Publication type
Article