Serbian Banking Sector: Weak Regulatory Environment

Businessn.a. ♦ Published: November 9, 2013; 18:08 ♦ (Vindobona)

In the last years, Serbia´s banking industry did not record any significant growth impulses. Foreign-exchange loans were reduced substantially.

Serbian Banking Sector: Weak Regulatory Environment / Picture: © Vindobona.org

“The whole of Serbia is served well by branch networks of domestic and foreign-owned banks. Branch concentration is most dense in Belgrade and Novi Sad. Surveyed banks note that foreign-owned banks are strong competitors in small and medium-sized enterprise (SME), large enterprise and retail lending. Domestic private banks are cited as strong competitors at a far lower…