01682cas a2200241 a 4500 AALejournalIMF006509 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455205684 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Serbia : Financial Sector Assessment Program Update; Technical Note on Corporate and Household Debt Restructuring. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (21 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/152 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/152/002.2010.issue-152-en.xml IMF e-Library