This assessment of the Basel Core Principles (BCP) was conducted as part of the Financial Sector Assessment Program (FSAP) updated evaluation of Serbia's financial system from October 6 to October 21...
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...
Serbia has staged remarkable progress on the ground of monetary management since the 2005 Financial Sector Assessment Program (FSAP). The decision to move towards inflation targeting (IT), the related...
The Serbian insurance sector remains small and underdeveloped. Over the last three years, the market experienced very little growth in real terms mainly due to weak economic growth, premium payment difficulties...
In light of the outflow of deposits in Serbia in late 2008 and early 2009, a series of measures were introduced to urgently address stability concerns. These measures included increased deposit insurance...
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...
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...