IDEAS home Printed from https://ideas.repec.org/a/vrs/econom/v4y2016i1p45-58n8.html
   My bibliography  Save this article

Banking Sector of the Republic of Serbian in Terms of Transition

Author

Listed:
  • Ćurić Predrag

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

  • Topić Rodoljub

    (Elektrokrajina a.d. Banja Luka, Bosnia and Herzegovina)

  • Vilendečić Bojana

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

Abstract

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.

Suggested Citation

  • Ćurić Predrag & Topić Rodoljub & Vilendečić Bojana, 2016. "Banking Sector of the Republic of Serbian in Terms of Transition," Economics, Sciendo, vol. 4(1), pages 45-58, June.
    • Handle: RePEc:vrs:econom:v:4:y:2016:i:1:p:45-58:n:8
    DOI: 10.1515/eoik-2015-0028
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/eoik-2015-0028
    Download Restriction: no
    File URL: https://libkey.io/10.1515/eoik-2015-0028?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:econom:v:4:y:2016:i:1:p:45-58:n:8. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.