Analysis of Financial Structure of the Serbian Banking Sector: Impact of the Financial Crisis
AbstractIn this paper, we will analyse financial structure of the banking sector in the Republic of Serbia and based on it conclude whether the financial crisis had an effect on it. The financial sector and banks especially got affected by the recent financial crisis. There are a considerable number of papers that address this issue, but they usually refer to the banking sector of developed countries. Therefore, the research sample in this paper covers the banking sector in Serbia – 31 commercial banks, considering their importance for Serbian economy and their overall reputation. We have analysed financial statements of these banks that submitted quarterly from 2009 to the third quarter of 2012. We have calculated the main financial ratios regarding the financial structure, which has been used for financial analysis of the banking sector by other authors. Results of the research show that the value of banks’ liquid funds in the observed period fell considerably, as did the investments in fixed assets. Furthermore, indebtedness of banks rose in the period from mid-2010 to end-2012, but banks’ liquidity remained at the same level, on average.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Central bank of Montenegro in its journal Journal of Central banking Theory and Practice.
Volume (Year): 2 (2013)
Issue (Month): 2 ()
Contact details of provider:
Postal: Bulevar Svetog Petra Cetinjskog br. 6, 81000 Podgorica
Phone: +382 20 403 136
Fax: +382 20 664 029
Web page: http://www.cbcg.me/eng/index.php?bl=journal
More information through EDIRC
financial statements; financial ratios; Republic of Serbia;
Find related papers by JEL classification:
- M41 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - Accounting
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- repec:cbk:journl:v:1y:2013:i:3:p:5-19 is not listed on IDEAS
- Robert R. Bliss & George Kaufman, 2006. "A comparison of U.S. corporate and bank insolvency resolution," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q II, pages 44-55.
- Radoje Žugić, 2013. "Crisis management and the banking system in Montenegro," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 2(1), pages 5-19.
- Christa Hainz, 2005. "Effects of bank insolvency on corporate incentives in transition economies," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(2), pages 261-286, 04.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.