Republic of Serbia: Financial Sector Assessment Program Update: Technical Note on Crisis Management Framework

May 27, 2010

Preview Citation

Format: Chicago

Republic of Serbia: Financial Sector Assessment Program Update: Technical Note on Crisis Management Framework, (USA: International Monetary Fund, 2010) accessed December 22, 2024

Summary

This Technical Note reviews crisis management framework in Serbia. In light of the banking crisis in Serbia in late 2008 and early 2009, a series of measures were introduced to urgently address stability concerns. The report recommends that crisis management memoranda of understanding (MOUs) be urgently developed with the most important home supervisors. In light of the importance of foreign banks in the Serbian market, it is also paramount that the authorities develop MOUs on crisis management with the home jurisdictions of the largest investors in the country.

Subject: Bank resolution, Banking, Crisis management, Crisis management framework, Deposit insurance, Financial crises, Systemic crises

Keywords: Bank, Bank collateral, Bank resolution, Banks borrower, CR, Crisis management, Crisis management framework, Deposit, Financial crisis, Global, ISCR, NBS regulation, Parent bank, Systemic crises, Twenty-seven bank

Publication Details

Pages:

11
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/150
Stock No:

1SRBEA2010006
ISBN:

9781455205660
ISSN:

1934-7685

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