Republic of Serbia : Financial Sector Assessment Program Update; Technical Note on Corporate and Household Debt Restructuring.

This Technical Note assesses Corporate and Household Debt Restructuring in Serbia. As of June 2009, nonperforming loans (NPLs) in the banking system constituted 16.5 percent of total loans, owing primarily to the corporate sector. This marks a significant increase over 2008 and, despite a strongly c...

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ग्रंथसूची विवरण
निगमित लेखक: International Monetary Fund
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2010.
श्रृंखला:IMF Staff Country Reports; Country Report ; No. 2010/152
ऑनलाइन पहुंच:Full text available on IMF
विवरण
सारांश:This Technical Note assesses Corporate and Household Debt Restructuring in Serbia. As of June 2009, nonperforming loans (NPLs) in the banking system constituted 16.5 percent of total loans, owing primarily to the corporate sector. This marks a significant increase over 2008 and, despite a strongly capitalized banking system, underscores a troubling trend. In the current recessionary environment, more businesses are likely to encounter financial distress owing to a decline in demand, shrinking revenues, and untimely payments from their own debtors and customers.
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भौतिक वर्णन:1 online resource (21 pages)
स्वरूप:Mode of access: Internet
आईएसएसएन:1934-7685
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