Republic of Serbia: Financial Sector Assessment Program Update: Financial System Stability Assessment

May 27, 2010

Preview Citation

Format: Chicago

Republic of Serbia: Financial Sector Assessment Program Update: Financial System Stability Assessment, (USA: International Monetary Fund, 2010) accessed December 22, 2024

Summary

This paper discusses key findings of the Financial Sector Assessment Program (FSAP) Update for Serbia. The assessment reveals that the financial system of Serbia has successfully weathered the global financial crisis, but faces the challenge of a possible further deterioration of the economic environment, with attendant effects on asset quality. The banking sector is highly capitalized and liquid, and displays considerable resilience in stress tests. Several important supervisory challenges remain despite an improvement in the supervisory framework since the 2005 FSAP.

Subject: Banking, Basel Core Principles, Commercial banks, Financial institutions, Financial regulation and supervision, Loans, Market risk, Operational risk

Keywords: Banking sector, Basel Core Principles, Commercial banks, Country risk, CR, Credit risk, Financial condition, Financial crisis, Financial system, Foreign exchange, Global, Interest rate, ISCR, Loans, Market risk, Operating income, Operational risk, Resolution method

Publication Details

Pages:

50
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/147
Stock No:

1SRBEA2010003
ISBN:

9781455205639
ISSN:

1934-7685

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