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Visoka poslovna škola strukovnih studija Novi Sad , Novi Sad , Serbia
Naftna Industrija Srbije Serbia
The global economic crisis, the banking sector as part of the financial system, because of its sense of the existence and nature of the business, you should amortize the negative factors of the crisis and initiate economic development of a country. Since the banking sector (primarily mortgage loans and investment banking) was the instigator and cause of the emergence of recession, it is not surprising that this segment of the financial market was most affected by the negative effects of the crisis. Order of the bankrupt German, French, Italian, British and banks from other European countries. In addition to banking or insurance companies, pension funds, leasing companies and other financial instistucije not remain immune to the global financial crisis. The first visible signs of the global crisis in Central and Eastern Europe were seen in the decrease in liquidity and the difficult reform of financial institutions. The slowdown in economic activity was affected by the withdrawal of deposits with banks, slowdown in bank lending to companies and households, increased cost of foreign funding, boosting pressure on the exchange rate and an increase in credit risk. Lack of capital it raised the funds that have already been limited and thus significantly slowed production and ekonosmki growth. It will provide a brief overview of the situation in the global financial markets, with a special attention will be paid to the banking sector. It will also be shown for Reference interest rate of the European Central Bank, the Federal Reserve, the National Bank of Serbia and the central banks of countries in the region and will provide tabular views of mergers and acquisitions in the financial sector.
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