Bank Lending to Small and Medium Enterprises : The Republic of Serbia
This report presents findings of a study of Bank lending to small and medium enterprises (SME) in Serbia. The study uses methodology developed by the Bank and already used in a number of studies in South America. The study is based on answers to st...
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| Format: | Other Financial Sector Study |
| Language: | English en_US |
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Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2012/01/16426642/serbia-bank-lending-small-medium-enterprises http://hdl.handle.net/10986/12796 |
| id |
okr-10986-12796 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCEPTABLE COLLATERAL ACCESS POINTS ACCESS TO BANKING ACCESS TO BANKING SERVICES ACCESS TO CREDIT ACCESS TO FINANCE ACCOUNTING ADVISORY SERVICES AGRICULTURAL BANK AMOUNT OF CREDIT APPROVAL PROCESSES AUDITING AVAILABILITY OF CREDIT BALANCE SHEET BALANCE SHEETS BANK BRANCHES BANK CREDIT BANK LENDING BANK LOANS BANKING ASSETS BANKING INSTITUTIONS BANKING MARKET BANKING MARKETS BANKING SECTOR BANKING SERVICE BANKING SERVICES BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEDURES BANKS BORROWER BORROWING BORROWINGS BUSINESS CENTERS BUSINESS CREDIT BUSINESS STRATEGIES CAPITAL ADEQUACY CAPITAL LOANS CAPITAL REQUIREMENTS CAPITAL STANDARDS CAPITALIZATION CASH FLOW CASH MANAGEMENT CDS COLLATERAL COLLATERAL REQUIREMENTS COLLATERALS COMMERCIAL BANK COMMERCIAL BANKS CONSOLIDATED FINANCIAL STATEMENTS CONSUMER FINANCE CONSUMER LOANS COST OF CREDIT CREDIT APPLICATIONS CREDIT ASSESSMENT CREDIT BUREAU CREDIT BUREAUS CREDIT CARDS CREDIT DECISIONS CREDIT GROWTH CREDIT GUARANTEE CREDIT HISTORY CREDIT INFORMATION CREDIT LINE CREDIT LINES CREDIT MARKET CREDIT MARKETS CREDIT POLICIES CREDIT PRODUCTS CREDIT PROGRAMS CREDIT REPORT CREDIT REPORTS CREDIT RISK CREDIT RISK MANAGEMENT CREDIT RISKS CREDIT SCORING CREDIT SCORING MODELS CREDIT WORTHINESS CREDITOR CREDITORS CREDITS CREDITWORTHINESS CUSTOMER SERVICE DEBT DEBT BURDEN DEBT OUTSTANDING DEBTS DEFICITS DEMONSTRATION EFFECTS DEPOSIT DEPOSIT ACCOUNTS DEPOSITS DEVELOPING COUNTRY DIVERSIFICATION EARNING CAPACITY ECONOMIC AGENTS ECONOMIC CONDITIONS ECONOMIC GROWTH EIB EMPLOYMENT ENTERPRISE CREDIT ENTREPRENEUR ENTREPRENEURS ENTREPRENEURSHIP EXCHANGE RATES EXTERNAL FINANCING EXTERNAL FUNDS FACTORING FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL MARKET FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCING OBSTACLES FIXED ASSETS FOREIGN BANKS FOREIGN CURRENCY FOREIGN EXCHANGE FORMS OF CREDIT GOVERNMENT CREDIT GOVERNMENT INVOLVEMENT GUARANTORS HOUSEHOLD LENDING HOUSEHOLDS HOUSING INDEBTEDNESS INFLATION INFORMATION ASYMMETRIES INFORMATION SHARING INSURANCE INTEREST RATE INTEREST RATES INTERMEDIARY BANK INTERMEDIARY BANKS INTERNAL FUNDS INTERNATIONAL BANK INTERNATIONAL BANKING INTERNATIONAL BANKS INTERNATIONAL FINANCE INVESTMENT BANK INVESTMENT DECISIONS INVESTMENT FINANCE INVESTMENT LOANS INVESTMENT PLAN JOB CREATION LACK OF COLLATERAL LEGAL FRAMEWORK LENDING TECHNIQUES LEVEL OF INTEREST RATES LEVELS OF COLLATERAL LOAN LOAN AMOUNT LOAN APPROVAL LOAN PORTFOLIO LOAN PROCESSING LOAN PRODUCTS LOAN RECOVERY LOAN SUPERVISION LOAN TERMS LOANS FROM BANKS LOANS TO BUSINESSES LOCAL BANK LOCAL GOVERNMENTS MANDATES MARKET DEVELOPMENT MARKET ECONOMIES MARKET ENVIRONMENT MARKET STRUCTURE MARKET VALUE MARKETS DEVELOPMENT MATURITIES MATURITY MICRO CREDITS MICRO-ENTERPRISES MONETARY POLICY MORTGAGES MOVABLE COLLATERAL MUNICIPALITIES NON-PERFORMING LOANS NPL OUTREACH OVERDRAFT OVERDRAFTS PAYMENT SERVICES PRIVATE INVESTORS PRIVATIZATION PROFITABILITY PROPERTY RIGHTS PRUDENTIAL REGULATIONS PUBLIC MARKETS PUBLIC POLICY RATING SYSTEMS REGIONAL BANKS REGULATORY FRAMEWORK REPAYMENT RESERVE REQUIREMENTS RESERVES REQUIREMENTS RETAIL BANKING RETAIL BUSINESS REVOLVING FUND RISK DIVERSIFICATION RISK MANAGEMENT RISK PROFILE SAVINGS SAVINGS ACCOUNTS SAVINGS BONDS SECOND LOAN SECURITIES SETTLEMENT SHAREHOLDERS SMALL BANKS SMALL BUSINESSES SMALL ENTERPRISES SOCIAL SECURITY SOLVENCY START-UPS SUBORDINATED DEBT SUBSIDIARIES SUBSIDIARY TELECOMMUNICATIONS TERM CREDIT TERM CREDITS TIME DEPOSIT TRANSACTION COST TRANSACTION COSTS TURNOVER TURNOVERS UNION WORKING CAPITAL |
| spellingShingle |
ACCEPTABLE COLLATERAL ACCESS POINTS ACCESS TO BANKING ACCESS TO BANKING SERVICES ACCESS TO CREDIT ACCESS TO FINANCE ACCOUNTING ADVISORY SERVICES AGRICULTURAL BANK AMOUNT OF CREDIT APPROVAL PROCESSES AUDITING AVAILABILITY OF CREDIT BALANCE SHEET BALANCE SHEETS BANK BRANCHES BANK CREDIT BANK LENDING BANK LOANS BANKING ASSETS BANKING INSTITUTIONS BANKING MARKET BANKING MARKETS BANKING SECTOR BANKING SERVICE BANKING SERVICES BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEDURES BANKS BORROWER BORROWING BORROWINGS BUSINESS CENTERS BUSINESS CREDIT BUSINESS STRATEGIES CAPITAL ADEQUACY CAPITAL LOANS CAPITAL REQUIREMENTS CAPITAL STANDARDS CAPITALIZATION CASH FLOW CASH MANAGEMENT CDS COLLATERAL COLLATERAL REQUIREMENTS COLLATERALS COMMERCIAL BANK COMMERCIAL BANKS CONSOLIDATED FINANCIAL STATEMENTS CONSUMER FINANCE CONSUMER LOANS COST OF CREDIT CREDIT APPLICATIONS CREDIT ASSESSMENT CREDIT BUREAU CREDIT BUREAUS CREDIT CARDS CREDIT DECISIONS CREDIT GROWTH CREDIT GUARANTEE CREDIT HISTORY CREDIT INFORMATION CREDIT LINE CREDIT LINES CREDIT MARKET CREDIT MARKETS CREDIT POLICIES CREDIT PRODUCTS CREDIT PROGRAMS CREDIT REPORT CREDIT REPORTS CREDIT RISK CREDIT RISK MANAGEMENT CREDIT RISKS CREDIT SCORING CREDIT SCORING MODELS CREDIT WORTHINESS CREDITOR CREDITORS CREDITS CREDITWORTHINESS CUSTOMER SERVICE DEBT DEBT BURDEN DEBT OUTSTANDING DEBTS DEFICITS DEMONSTRATION EFFECTS DEPOSIT DEPOSIT ACCOUNTS DEPOSITS DEVELOPING COUNTRY DIVERSIFICATION EARNING CAPACITY ECONOMIC AGENTS ECONOMIC CONDITIONS ECONOMIC GROWTH EIB EMPLOYMENT ENTERPRISE CREDIT ENTREPRENEUR ENTREPRENEURS ENTREPRENEURSHIP EXCHANGE RATES EXTERNAL FINANCING EXTERNAL FUNDS FACTORING FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL MARKET FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCING OBSTACLES FIXED ASSETS FOREIGN BANKS FOREIGN CURRENCY FOREIGN EXCHANGE FORMS OF CREDIT GOVERNMENT CREDIT GOVERNMENT INVOLVEMENT GUARANTORS HOUSEHOLD LENDING HOUSEHOLDS HOUSING INDEBTEDNESS INFLATION INFORMATION ASYMMETRIES INFORMATION SHARING INSURANCE INTEREST RATE INTEREST RATES INTERMEDIARY BANK INTERMEDIARY BANKS INTERNAL FUNDS INTERNATIONAL BANK INTERNATIONAL BANKING INTERNATIONAL BANKS INTERNATIONAL FINANCE INVESTMENT BANK INVESTMENT DECISIONS INVESTMENT FINANCE INVESTMENT LOANS INVESTMENT PLAN JOB CREATION LACK OF COLLATERAL LEGAL FRAMEWORK LENDING TECHNIQUES LEVEL OF INTEREST RATES LEVELS OF COLLATERAL LOAN LOAN AMOUNT LOAN APPROVAL LOAN PORTFOLIO LOAN PROCESSING LOAN PRODUCTS LOAN RECOVERY LOAN SUPERVISION LOAN TERMS LOANS FROM BANKS LOANS TO BUSINESSES LOCAL BANK LOCAL GOVERNMENTS MANDATES MARKET DEVELOPMENT MARKET ECONOMIES MARKET ENVIRONMENT MARKET STRUCTURE MARKET VALUE MARKETS DEVELOPMENT MATURITIES MATURITY MICRO CREDITS MICRO-ENTERPRISES MONETARY POLICY MORTGAGES MOVABLE COLLATERAL MUNICIPALITIES NON-PERFORMING LOANS NPL OUTREACH OVERDRAFT OVERDRAFTS PAYMENT SERVICES PRIVATE INVESTORS PRIVATIZATION PROFITABILITY PROPERTY RIGHTS PRUDENTIAL REGULATIONS PUBLIC MARKETS PUBLIC POLICY RATING SYSTEMS REGIONAL BANKS REGULATORY FRAMEWORK REPAYMENT RESERVE REQUIREMENTS RESERVES REQUIREMENTS RETAIL BANKING RETAIL BUSINESS REVOLVING FUND RISK DIVERSIFICATION RISK MANAGEMENT RISK PROFILE SAVINGS SAVINGS ACCOUNTS SAVINGS BONDS SECOND LOAN SECURITIES SETTLEMENT SHAREHOLDERS SMALL BANKS SMALL BUSINESSES SMALL ENTERPRISES SOCIAL SECURITY SOLVENCY START-UPS SUBORDINATED DEBT SUBSIDIARIES SUBSIDIARY TELECOMMUNICATIONS TERM CREDIT TERM CREDITS TIME DEPOSIT TRANSACTION COST TRANSACTION COSTS TURNOVER TURNOVERS UNION WORKING CAPITAL World Bank Bank Lending to Small and Medium Enterprises : The Republic of Serbia |
| geographic_facet |
Europe and Central Asia Serbia |
| description |
This report presents findings of a study
of Bank lending to small and medium enterprises (SME) in
Serbia. The study uses methodology developed by the Bank
and already used in a number of studies in South America.
The study is based on answers to standard questionnaires and
detailed on-site interviews with eight banks. The
interviewed banks are the most active in SME lending in
Serbia and account for about 70 percent of the total market.
Banks are currently offering a fairly broad range of both
tailored and standardized products and are increasingly
flexible with product pricing. This includes checking,
savings and time deposit accounts; export and import loans;
overdrafts for working capital and investment loans;
business credit cards; various types of payment services;
Internet and phone banking. The report is organized as
follows: section two describes the banking sector and
markets in Serbia, reviews definition of SMEs and provides
key characteristics of the SME finance market in Serbia.
Section three discusses details of SME access to finance. It
describes the drivers and obstacles, government programs,
and characteristics of the market environment. Section four
focuses on how banks engage in lending to SMEs, describing
their business models and their risk management. Section
five provides a number of conclusions on the conditions of
access and future trends. |
| format |
Economic & Sector Work :: Other Financial Sector Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Bank Lending to Small and Medium Enterprises : The Republic of Serbia |
| title_short |
Bank Lending to Small and Medium Enterprises : The Republic of Serbia |
| title_full |
Bank Lending to Small and Medium Enterprises : The Republic of Serbia |
| title_fullStr |
Bank Lending to Small and Medium Enterprises : The Republic of Serbia |
| title_full_unstemmed |
Bank Lending to Small and Medium Enterprises : The Republic of Serbia |
| title_sort |
bank lending to small and medium enterprises : the republic of serbia |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2012/01/16426642/serbia-bank-lending-small-medium-enterprises http://hdl.handle.net/10986/12796 |
| _version_ |
1764421341721657344 |
| spelling |
okr-10986-127962021-04-23T14:03:04Z Bank Lending to Small and Medium Enterprises : The Republic of Serbia World Bank ACCEPTABLE COLLATERAL ACCESS POINTS ACCESS TO BANKING ACCESS TO BANKING SERVICES ACCESS TO CREDIT ACCESS TO FINANCE ACCOUNTING ADVISORY SERVICES AGRICULTURAL BANK AMOUNT OF CREDIT APPROVAL PROCESSES AUDITING AVAILABILITY OF CREDIT BALANCE SHEET BALANCE SHEETS BANK BRANCHES BANK CREDIT BANK LENDING BANK LOANS BANKING ASSETS BANKING INSTITUTIONS BANKING MARKET BANKING MARKETS BANKING SECTOR BANKING SERVICE BANKING SERVICES BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEDURES BANKS BORROWER BORROWING BORROWINGS BUSINESS CENTERS BUSINESS CREDIT BUSINESS STRATEGIES CAPITAL ADEQUACY CAPITAL LOANS CAPITAL REQUIREMENTS CAPITAL STANDARDS CAPITALIZATION CASH FLOW CASH MANAGEMENT CDS COLLATERAL COLLATERAL REQUIREMENTS COLLATERALS COMMERCIAL BANK COMMERCIAL BANKS CONSOLIDATED FINANCIAL STATEMENTS CONSUMER FINANCE CONSUMER LOANS COST OF CREDIT CREDIT APPLICATIONS CREDIT ASSESSMENT CREDIT BUREAU CREDIT BUREAUS CREDIT CARDS CREDIT DECISIONS CREDIT GROWTH CREDIT GUARANTEE CREDIT HISTORY CREDIT INFORMATION CREDIT LINE CREDIT LINES CREDIT MARKET CREDIT MARKETS CREDIT POLICIES CREDIT PRODUCTS CREDIT PROGRAMS CREDIT REPORT CREDIT REPORTS CREDIT RISK CREDIT RISK MANAGEMENT CREDIT RISKS CREDIT SCORING CREDIT SCORING MODELS CREDIT WORTHINESS CREDITOR CREDITORS CREDITS CREDITWORTHINESS CUSTOMER SERVICE DEBT DEBT BURDEN DEBT OUTSTANDING DEBTS DEFICITS DEMONSTRATION EFFECTS DEPOSIT DEPOSIT ACCOUNTS DEPOSITS DEVELOPING COUNTRY DIVERSIFICATION EARNING CAPACITY ECONOMIC AGENTS ECONOMIC CONDITIONS ECONOMIC GROWTH EIB EMPLOYMENT ENTERPRISE CREDIT ENTREPRENEUR ENTREPRENEURS ENTREPRENEURSHIP EXCHANGE RATES EXTERNAL FINANCING EXTERNAL FUNDS FACTORING FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL MARKET FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCING OBSTACLES FIXED ASSETS FOREIGN BANKS FOREIGN CURRENCY FOREIGN EXCHANGE FORMS OF CREDIT GOVERNMENT CREDIT GOVERNMENT INVOLVEMENT GUARANTORS HOUSEHOLD LENDING HOUSEHOLDS HOUSING INDEBTEDNESS INFLATION INFORMATION ASYMMETRIES INFORMATION SHARING INSURANCE INTEREST RATE INTEREST RATES INTERMEDIARY BANK INTERMEDIARY BANKS INTERNAL FUNDS INTERNATIONAL BANK INTERNATIONAL BANKING INTERNATIONAL BANKS INTERNATIONAL FINANCE INVESTMENT BANK INVESTMENT DECISIONS INVESTMENT FINANCE INVESTMENT LOANS INVESTMENT PLAN JOB CREATION LACK OF COLLATERAL LEGAL FRAMEWORK LENDING TECHNIQUES LEVEL OF INTEREST RATES LEVELS OF COLLATERAL LOAN LOAN AMOUNT LOAN APPROVAL LOAN PORTFOLIO LOAN PROCESSING LOAN PRODUCTS LOAN RECOVERY LOAN SUPERVISION LOAN TERMS LOANS FROM BANKS LOANS TO BUSINESSES LOCAL BANK LOCAL GOVERNMENTS MANDATES MARKET DEVELOPMENT MARKET ECONOMIES MARKET ENVIRONMENT MARKET STRUCTURE MARKET VALUE MARKETS DEVELOPMENT MATURITIES MATURITY MICRO CREDITS MICRO-ENTERPRISES MONETARY POLICY MORTGAGES MOVABLE COLLATERAL MUNICIPALITIES NON-PERFORMING LOANS NPL OUTREACH OVERDRAFT OVERDRAFTS PAYMENT SERVICES PRIVATE INVESTORS PRIVATIZATION PROFITABILITY PROPERTY RIGHTS PRUDENTIAL REGULATIONS PUBLIC MARKETS PUBLIC POLICY RATING SYSTEMS REGIONAL BANKS REGULATORY FRAMEWORK REPAYMENT RESERVE REQUIREMENTS RESERVES REQUIREMENTS RETAIL BANKING RETAIL BUSINESS REVOLVING FUND RISK DIVERSIFICATION RISK MANAGEMENT RISK PROFILE SAVINGS SAVINGS ACCOUNTS SAVINGS BONDS SECOND LOAN SECURITIES SETTLEMENT SHAREHOLDERS SMALL BANKS SMALL BUSINESSES SMALL ENTERPRISES SOCIAL SECURITY SOLVENCY START-UPS SUBORDINATED DEBT SUBSIDIARIES SUBSIDIARY TELECOMMUNICATIONS TERM CREDIT TERM CREDITS TIME DEPOSIT TRANSACTION COST TRANSACTION COSTS TURNOVER TURNOVERS UNION WORKING CAPITAL This report presents findings of a study of Bank lending to small and medium enterprises (SME) in Serbia. The study uses methodology developed by the Bank and already used in a number of studies in South America. The study is based on answers to standard questionnaires and detailed on-site interviews with eight banks. The interviewed banks are the most active in SME lending in Serbia and account for about 70 percent of the total market. Banks are currently offering a fairly broad range of both tailored and standardized products and are increasingly flexible with product pricing. This includes checking, savings and time deposit accounts; export and import loans; overdrafts for working capital and investment loans; business credit cards; various types of payment services; Internet and phone banking. The report is organized as follows: section two describes the banking sector and markets in Serbia, reviews definition of SMEs and provides key characteristics of the SME finance market in Serbia. Section three discusses details of SME access to finance. It describes the drivers and obstacles, government programs, and characteristics of the market environment. Section four focuses on how banks engage in lending to SMEs, describing their business models and their risk management. Section five provides a number of conclusions on the conditions of access and future trends. 2013-03-18T20:37:44Z 2013-03-18T20:37:44Z 2012-01 http://documents.worldbank.org/curated/en/2012/01/16426642/serbia-bank-lending-small-medium-enterprises http://hdl.handle.net/10986/12796 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work Europe and Central Asia Serbia |