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Financial Sector
Twenty five insolvent banks representing nearly two-thirds of the assets of the banking system have been liquidated or put under bankruptcy. The bold measures to place the four largest state-owned banks into bankruptcy in early 2002 played a crucial role in restoring public confidence in the banking sector, which has led to a quite visible rebound in bank intermediation. A Bank Rehabilitation Agency has been given authority to administer banks in bankruptcy. A number of banking licenses have been issued, mainly to foreign banks, reflecting growing confidence in the Serbian banking system.

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Economy of Serbia
Article from Economist
Transition Policies
Business Environment
Financial Sector
Privatization/Enterprise Reform
Serbia Investment and Export Promotion Agency