In the process of preparation for membership of the European Union (EU) Western Balkans countries are obliged to harmonize their legal system with the EU law and with the rules providing the functioning of the EU internal market. The provisions regulating the banking sector are highly important...

The global financial crisis has been threatening the banking world since 2007. The erosion of profits and rising losses of banks have been the inevitable consequence of this crisis. "The decline in bank profits was a global phenomenon" (BIS, 2009). Consequential decline in profitability during...

This paper studies relative banking efficiency in three Balkan countries: Croatia, Serbia and Slovenia. Firstly, we analyze different financial transition paths which account for present situation and have an impact on efficiency. We equally go through some macro- and micro- economic indicators...