Publication:
Serbia : Financial Sector Assessment

dc.contributor.authorWorld Bank
dc.contributor.authorInternational Monetary Fund
dc.date.accessioned2013-09-27T18:53:59Z
dc.date.available2013-09-27T18:53:59Z
dc.date.issued2010-06-08
dc.description.abstractThe 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, which resulted in rising nonperforming loans (NPLs), and (ii) poor management and low capital of several systematically important state-controlled banks. The Basel Core Principle on Banking Supervision (BCP) assessment identified a number of deficiencies in banking supervision. The update team found that the authorities took action to address the issues highlighted by the 2005 FSAP. In particular, they adopted prudential measures to slow credit growth, including higher risk weights for foreign currency loans to un-hedged borrowers, and exposure limits to households. Two systemic state-controlled banks were privatized. Finally, a new banking law was enacted that significantly strengthened supervision on consolidated basis and improved corporate governance and transparency.en
dc.identifierhttp://documents.worldbank.org/curated/en/2010/06/12400376/serbia-financial-sector-assessment
dc.identifier.doi10.1596/15914
dc.identifier.urihttps://hdl.handle.net/10986/15914
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectACCOUNTS RECEIVABLE
dc.subjectASSET CLASSIFICATION
dc.subjectASSET CLASSIFICATIONS
dc.subjectASSET QUALITY
dc.subjectAUCTION
dc.subjectAUCTION PROCEDURES
dc.subjectAUCTIONS
dc.subjectAUDIT COMMITTEE
dc.subjectAUDIT COMMITTEES
dc.subjectAUDITING
dc.subjectAUDITORS
dc.subjectBALANCE SHEET
dc.subjectBALANCE SHEETS
dc.subjectBANK ACCOUNTS
dc.subjectBANK FAILURES
dc.subjectBANK RECAPITALIZATION
dc.subjectBANK REGULATION
dc.subjectBANK RESTRUCTURING
dc.subjectBANK SUPERVISION
dc.subjectBANKING LAW
dc.subjectBANKING REGULATION
dc.subjectBANKING SECTOR
dc.subjectBANKING STABILITY
dc.subjectBANKING SUPERVISION
dc.subjectBANKING SYSTEM
dc.subjectBANKRUPT
dc.subjectBANKRUPTCY
dc.subjectBANKRUPTCY COURT
dc.subjectBANKRUPTCY LAW
dc.subjectBANKRUPTCY PROCEEDING
dc.subjectBIDS
dc.subjectBILLS OF EXCHANGE
dc.subjectBOARDS OF DIRECTORS
dc.subjectBORROWER
dc.subjectBUDGETING
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCASH COLLATERAL
dc.subjectCASH MANAGEMENT
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANKS
dc.subjectCONFLICT OF INTEREST
dc.subjectCONSOLIDATED SUPERVISION
dc.subjectCONSUMER PROTECTION
dc.subjectCORPORATE BANKRUPTCY
dc.subjectCORPORATE DEBT
dc.subjectCORPORATE DEBTS
dc.subjectCORPORATE DISTRESS
dc.subjectCORPORATE FRAUD
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORPORATE INSOLVENCY
dc.subjectCORPORATE WORKOUT
dc.subjectCOURT PROCEEDINGS
dc.subjectCREDIT GROWTH
dc.subjectCREDIT LOSSES
dc.subjectCREDIT RISK
dc.subjectCREDITOR
dc.subjectCREDITOR CLAIMS
dc.subjectCREDITOR RIGHTS
dc.subjectCREDITORS
dc.subjectDEBT RESCHEDULING
dc.subjectDEBT RESOLUTION
dc.subjectDEBT RESTRUCTURING
dc.subjectDEBT RESTRUCTURING MECHANISMS
dc.subjectDEBT SERVICE
dc.subjectDEBTOR
dc.subjectDEBTORS
dc.subjectDEFAULTS
dc.subjectDEPOSIT
dc.subjectDEPOSIT INSURANCE
dc.subjectDEPOSIT INSURANCE AGENCY
dc.subjectDEPOSITS
dc.subjectDISCLOSURE OBLIGATIONS
dc.subjectDISSOLUTION
dc.subjectDISTRESSED COMPANIES
dc.subjectENFORCEMENT PROCEDURE
dc.subjectENFORCEMENT PROCEDURES
dc.subjectENFORCEMENT PROCESS
dc.subjectENFORCEMENT RIGHTS
dc.subjectEXCHANGE RATE
dc.subjectEXTERNAL FINANCING
dc.subjectFINAL SETTLEMENT
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL LEASING
dc.subjectFINANCIAL REPORTING
dc.subjectFINANCIAL STABILITY
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFIXED ASSETS
dc.subjectFORECLOSURE
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN COMPANIES
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN CURRENCY LOANS
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTORS
dc.subjectFRAUDULENT TRANSFERS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGUARANTEE FUND
dc.subjectHOLDING
dc.subjectHOUSEHOLD DEBT
dc.subjectHOUSING
dc.subjectIMMOVABLE PROPERTY
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINJUNCTIONS
dc.subjectINSOLVENCY MECHANISMS
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINSURANCE COMPANY
dc.subjectINSURANCE MARKET
dc.subjectINSURANCE SUPERVISION
dc.subjectINSURED DEPOSITS
dc.subjectINTEREST RATE
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTOR INTEREST
dc.subjectJUDGMENT
dc.subjectLARGE BANKS
dc.subjectLAW ON BANKRUPTCY
dc.subjectLEGAL AUTHORITY
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGISLATION
dc.subjectLENDER
dc.subjectLEVEL PLAYING FIELD
dc.subjectLEVERAGE
dc.subjectLIABILITY
dc.subjectLIFE INSURANCE
dc.subjectLIFE INSURANCE COMPANIES
dc.subjectLIFE INSURANCE PREMIUM
dc.subjectLIQUID ASSETS
dc.subjectLIQUIDATION
dc.subjectLIQUIDATION OF BANKS
dc.subjectLIQUIDATOR
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY MANAGEMENT
dc.subjectLOAN
dc.subjectLOAN CLASSIFICATION
dc.subjectLOAN LOSS
dc.subjectLOAN LOSS PROVISIONS
dc.subjectLOAN LOSSES
dc.subjectMACROECONOMIC ENVIRONMENT
dc.subjectMARKET CONDITIONS
dc.subjectMARKET CONFIDENCE
dc.subjectMARKET PLAYERS
dc.subjectMARKET SHARE
dc.subjectMARKET SUPERVISION
dc.subjectMARKET TRANSPARENCY
dc.subjectMONETARY FUND
dc.subjectMORTGAGE
dc.subjectMORTGAGES
dc.subjectMOVABLE ASSETS
dc.subjectNATIONAL BANK
dc.subjectNET INTEREST MARGIN
dc.subjectNON-PERFORMING LOANS
dc.subjectNONPERFORMING LOANS
dc.subjectNPL
dc.subjectOPEN BANK
dc.subjectOPEN BANKS
dc.subjectOUT-OF-COURT WORKOUT
dc.subjectOVERDUE DEBT
dc.subjectPENALTIES
dc.subjectPENSION
dc.subjectPENSION SYSTEMS
dc.subjectPENSIONS
dc.subjectPETITIONING CREDITOR
dc.subjectPETITIONING CREDITORS
dc.subjectPLEDGE LAW
dc.subjectPLEDGE LAWS
dc.subjectPLEDGES
dc.subjectPRIVATIZATION
dc.subjectPROBLEM BANKS
dc.subjectPROCEDURES FOR APPEALS
dc.subjectPROFITABILITY
dc.subjectPROVISIONING RULES
dc.subjectPRUDENTIAL REGULATIONS
dc.subjectPUBLIC ADMINISTRATION
dc.subjectREAL PROPERTY
dc.subjectREAL SECTOR
dc.subjectRECAPITALIZATION
dc.subjectRECEIVABLES
dc.subjectRECEIVER
dc.subjectRECEIVERS
dc.subjectREGULATORY FRAMEWORK
dc.subjectREINSURANCE REQUIREMENTS
dc.subjectREORGANIZATION
dc.subjectREPO
dc.subjectREPO AUCTIONS
dc.subjectREPO RATE
dc.subjectRESERVE
dc.subjectRESERVE REQUIREMENT
dc.subjectRESERVE REQUIREMENTS
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectRETURN ON EQUITY
dc.subjectRIGHTS OF CREDITORS
dc.subjectRISK CAPITAL
dc.subjectRISK EXPOSURE
dc.subjectRISK MANAGEMENT
dc.subjectRISK MANAGEMENT SYSTEMS
dc.subjectSAVINGS
dc.subjectSECONDARY MARKET
dc.subjectSECURITIES
dc.subjectSETTLEMENT
dc.subjectSHAREHOLDER
dc.subjectSINGLE CREDITOR
dc.subjectSOLVENCY
dc.subjectSOLVENT
dc.subjectSOLVENT BANKS
dc.subjectSTATE BANKS
dc.subjectSUBSIDIARIES
dc.subjectSUBSIDIARY
dc.subjectSUPERVISORY BOARDS
dc.subjectSUPERVISORY FRAMEWORK
dc.subjectSUPERVISORY POLICY
dc.subjectSYSTEMIC CRISIS
dc.subjectSYSTEMIC RISK
dc.subjectTAX
dc.subjectTAX COLLECTIONS
dc.subjectTAX INCENTIVES
dc.subjectTAX TREATMENT
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTERRORISM
dc.subjectTRADING
dc.subjectTRANSPARENCY
dc.subjectWEAK ASSET
dc.subjectWEAK COLLATERAL
dc.subjectWITHDRAWAL
dc.titleSerbia : Financial Sector Assessmenten
dspace.entity.typePublication
okr.date.disclosure2013-06-18
okr.date.doiregistration2025-05-07T12:42:49.822835Z
okr.doctypeEconomic & Sector Work::Financial Sector Assessment Program (FSAP)
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2010/06/12400376/serbia-financial-sector-assessment
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid987551468307519306
okr.identifier.externaldocumentum000333037_20100610003136
okr.identifier.internaldocumentum12400376
okr.identifier.report54958
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/06/10/000333037_20100610003136/Rendered/PDF/549580BR0FSAP0101Official0Use0Only1.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countrySerbia
okr.sectorFinance :: General finance sector
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicBanks and Banking Reform
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinancial Crisis Management and Restructuring
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.unitFinancial Sector Assessment Prog (FFSFP)
okr.volume1 of 1
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