ANALYSIS ON THE ROMANIAN BANKING LEGISLATION AND THE
             BANKS PROBABILITY OF DEFAULT

                               Iulia Iuga, Associate Professor PhD
                           “1 Decembrie 1918” University of Alba Iulia
                                      iuga_iulia@yahoo.com


ABSTRACT: This paper examining the perception on the judicial system and the law
enforcement associated to the banks’ probability to default. Credit institutions must
continuously update and undertake a satisfactory legal analysis, which is to confirm the
possibility of signing collateral contracts in all relevant jurisdictions. If necessary the
analysis must be updated in order to assure, at any moment, the enforcing of those contracts.

Keywords: probability to default, legal analysis, collateral contracts, jurisdictions

JEL Codes: G21