Serbia : Financial Sector Assessment

World Bank ; International Monetary Fund

World Bank, Washington, DC

关键词: ACCOUNTING;    ACCOUNTS RECEIVABLE;    ASSET CLASSIFICATION;    ASSET CLASSIFICATIONS;    ASSET QUALITY;   

RP-ID  :  54958

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The Financial Sector Assessment Program(FSAP) update team found that the authorities haveprogressed in implementing the key recommendations from theinitial assessment. The 2005 FSAP team revealed a number ofvulnerabilities, including (i) high credit growth, largelyfinanced by foreign banks, which resulted in risingnonperforming loans (NPLs), and (ii) poor management and lowcapital of several systematically important state-controlledbanks. The Basel Core Principle on Banking Supervision (BCP)assessment identified a number of deficiencies in bankingsupervision. The update team found that the authorities tookaction to address the issues highlighted by the 2005 FSAP.In particular, they adopted prudential measures to slowcredit growth, including higher risk weights for foreigncurrency loans to un-hedged borrowers, and exposure limitsto households. Two systemic state-controlled banks wereprivatized. Finally, a new banking law was enacted thatsignificantly strengthened supervision on consolidated basisand improved corporate governance and transparency.