THE ROLE AND PLACE OF NON – BANKING INSTITUTIONS IN ORDER TO ENSURE AND MANTAIN FINANCIAL STABILITY

Abstract

Any organization or individual financing needs at a time. Non-banking financial Institutions (NFIs) represent an alternative financing for businesses and population when they can not obtain the cash they need from a credit institution.The non-banking financial Institutions operate in accordance with to the law 93/2009 and they have the obligation to be established as limited company, except for those that are included in the Registry records open by National Bank of Romania.

Keywords

• Non-banking financial Institution
• financial market
• Accounting Register