Banking Sector of the Republic of Serbian in Terms of Transition

• Authors: Predrag Ćurić , Rodoljub Topić , Bojana Vilendečić
• Languages of publication: EN

Abstracts

EN

Privatisation of the banking sector is an inseparable part of development strategies used by the countries in transition. The process of transition and building a financial and market-oriented system is a complex and long-term task which, in addition to a variety of legal arrangements, involves also several institutional options, such as the Central Bank of Bosnia and Herzegovina, Banking Agency of the Republic of Srpska and Banja Luka Stock Exchange of Securities. The transition process of the banking sector in the Republic of Srpska was not implemented by rehabilitation of existing domestic banks, but by opening the banking system for the entry of foreign, more efficient banks. The level of trust in the banking sector grew in parallel with the process of bank privatisation and the arrival of foreign banks. Throughout the previous period, all the banks in the Republic of Srpska recorded a significant increase in the amount of deposits and loans placed, which implies the growth of investment and economic activities, therefore indicating the increase of the Republic of Srpska’s GDP in general. These are positive trends that demonstrate a decrease in the current lagging behind the European Union.

Keywords

EN

banking sector; transition; restructuring; credit rating; banking standards

• Publisher: Sciendo
• Journal: ECONOMICS
• Year: 2016
• Volume: 4
• Issue: 1
• Pages: 45-58

Dates

published

2016-06-01

online

2016-07-15

Contributors

author

Predrag Ćurić

• NLB Razvojna banka a.d. Banja Luka, Bosnia and Herzegovina

author

Rodoljub Topić

• Elektrokrajina a.d. Banja Luka, Bosnia and Herzegovina

author

Bojana Vilendečić

• M:tel a.d. Banja Luka, Bosnia and Herzegovina

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Identifiers

DOI

10.1515/eoik-2015-0028