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The Financial Sector Assessment Program (FSAP) update team found that the authorities have progressed in implementing the key recommendations from the initial assessment. The 2005 FSAP team revealed a number of vulnerabilities, including (i) high credit growth, largely financed by foreign banks,...
Persistent link: https://www.econbiz.de/10012559948
Nonperforming Loans (NPLs) in the banking system constituted 16.5 percent of total loans, owing primarily to the corporate sector. The Credit Bureau, maintained by the Association of Serbian Banks, also discloses dramatic increases in corporate and retail defaults over the past year. NPL...
Persistent link: https://www.econbiz.de/10012247156
This note focuses on the deposit insurance scheme. An analysis of the Deposit Insurance Agency (DIA) is provided to the extent that it is relevant to the management of the deposit insurance scheme and no detail analysis of the other functions performed by the DIA, e.g. bank resolution, is...
Persistent link: https://www.econbiz.de/10012247281
In light of the outflow of deposits in Serbia in late 2008 and early 2009, a series of measures were introduced to … Agency (DIA) to purchase shares of insolvent banks under instruction from the Government of Serbia (GoS). At the time, it was …, primarily spearheaded by the National Bank of Serbia (NBS), to develop a contingency management framework. In particular, the …
Persistent link: https://www.econbiz.de/10012247363
This Technical Note reviews crisis management framework in Serbia. In light of the banking crisis in Serbia in late …
Persistent link: https://www.econbiz.de/10014403725
This Technical Note reviews banking sector soundness and stress testing in Serbia. Serbia’s banking sector is well …
Persistent link: https://www.econbiz.de/10014403726
This Technical Note analyzes the insurance sector in Serbia. The Serbian insurance sector remains small and …
Persistent link: https://www.econbiz.de/10014404435
This Technical Note reviews Systemic Liquidity Management in Serbia. The liquidity management framework in Serbia … puzzling in Serbia …
Persistent link: https://www.econbiz.de/10014404436
This Technical Note discusses key findings of the assessment of deposit insurance in Serbia. The deposit insurance …
Persistent link: https://www.econbiz.de/10014404437
Supervision on the Republic of Serbia. The assessment reveals that Serbia has made considerable progress toward enhanced …
Persistent link: https://www.econbiz.de/10014404438