Small and medium-sized enterprises (SMEs) represent a significant development factor in all transitional countries. It could be argued that the development of SMEs represents one of the greatest development opportunities for Bosnia and Herzegovina, including Republika Srpska. Therefore, it is important to highlight their position. Why focus o...

By Jelena Jovović, Milica Lakić, Darko Vaselić

 The development of a country’s finacial szstem is reflected in the diversity of financial institutions that make up it, and the structure of the financial system of selected countries is of a bankocentric type, characterized by traditional banking. The subject of this paper is a comparative analysis of the business of the microcredit se...

By Milica Lakić, Jelena Jovović, Ružica Đervida, Zoran Đuričić