the shadow banking system

Romanian translation: sistem bancar paralel

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase: shadow banking system
Romanian translation:sistem bancar paralel
Entered by: unsterblich

11:42 Apr 21, 2011
English to Romanian translations [PRO]
Bus/Financial - Finance (general) / non-depository banks and other financial entities e.g., investment banks, hedge funds, money market funds and insurers
English term or phrase: the shadow banking system
The shadow banking system or the shadow financial system consists of non-depository banks and other financial entities (e.g., investment banks, hedge funds, money market funds and insurers) that grew in size dramatically after the year 2000 and play an increasingly critical role in lending businesses the money necessary to operate. By June 2008, the U.S. shadow banking system was approximately the same size as the U.S. traditional depository banking system.
http://en.wikipedia.org/wiki/Shadow_banking_system

The shadow banking system was built up alongside the traditional banking system, using some of these tools of modern finance we were just talking about like interest rate swaps and credit default swaps. The idea was to make credit cheaper for the ultimate borrower and more available, but also to separate the credit system from the payment system.
http://www.theatlantic.com/business/archive/2009/07/shadow-b...
unsterblich
Local time: 14:57
sistem bancar paralel
Explanation:
EUR-LEX
Selected response from:

Diana Coada
United Kingdom
Local time: 12:57
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3sistem bancar paralel
Diana Coada


  

Answers


10 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
sistem bancar paralel


Explanation:
EUR-LEX


    Reference: http://eur-lex.europa.eu/Notice.do?val=560082:cs&lang=en&lis...
Diana Coada
United Kingdom
Local time: 12:57
Native speaker of: Native in EnglishEnglish, Native in RomanianRomanian
PRO pts in category: 40

Peer comments on this answer (and responses from the answerer)
agree  Cosmin Băduleţeanu
2 hrs

agree  Cristina Crişan
18 hrs

agree  Tradeuro Language Services
1 day 20 hrs
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