Scientific review article
Authors: Milena Lazić, Ksenija Zorčić
doi: 10.5937/bankarstvo2004068L
Keywords: deposit guarantee scheme (DGS), financial system stability, Deposit Insurance Agency (DIA), Core Principles, financial regulation, Serbia
JEL: G21
SCINDEX
Summary: Having drawn attention to the existing banking regulation issues, the Global Financial Crisis also raised awareness of the importance of depositors’ confidence for the stability of the financial system, and brought the role and significance of the deposit guarantee schemes to the fore. Serbian economy started experiencing its effects in Q4 2008, in parallel with the global spreading of the crisis. This paper focuses on the fluctuations in deposit levels and structure in the Serbian banking system, between 2008 and 2019. It also aims to underscore the importance and development perspectives of the Serbian deposit guarantee scheme.