BankarstvoPub Date : 2021-01-01DOI: 10.5937/bankarstvo2104036r
Ž. Račić, Branka Paunović
{"title":"Comparative analysis of the impact of balance sheet size on bank operations in the Republic of Serbia in the period before and during the Covid-19 pandemic","authors":"Ž. Račić, Branka Paunović","doi":"10.5937/bankarstvo2104036r","DOIUrl":"https://doi.org/10.5937/bankarstvo2104036r","url":null,"abstract":"This paper aims to analyze the impact of the size of banks operating in the Republic of Serbia on the main indicators of their business activity and assess whether the Covid-19 pandemic has changed the nature and intensity of this impact. The research was conducted on a representative sample of twenty-three domestic banks. The paper's conclusions are based on the results of applying static panel regression models and cover the period from the second quarter of 2014 to the third quarter of 2021. From the study results, it can be concluded that larger banks reduced lending activities and increased liquidity during the pandemic compared to smaller banks. This had no impact on their profitability, meaning that banks achieved higher returns on capital compared to smaller banks, as in the prepandemic period. In addition, the study found that larger banks reduced the ratio of capital to total assets during the pandemic compared to smaller banks, but not to the extent that threatened the banking sector's stability.","PeriodicalId":53365,"journal":{"name":"Bankarstvo","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71205077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
BankarstvoPub Date : 2021-01-01DOI: 10.5937/bankarstvo2104170j
Ljuba Jakić
{"title":"Osmium: The latest precious metal on the rise","authors":"Ljuba Jakić","doi":"10.5937/bankarstvo2104170j","DOIUrl":"https://doi.org/10.5937/bankarstvo2104170j","url":null,"abstract":"Every investor knows of precious metals - they have been reliable asset classes for years and have been a means of payment for centuries. Most popular and widely known are gold, silver, platinum, and palladium. But there are in fact eight precious metals. Today we will introduce you to the latest and rarest of the precious metals, osmium. Its outstanding characteristics have catapulted it from out of the shadows of its famous siblings right into the spotlight. And for good reasons: being the densest of all non-radioactive elements on earth, osmium is absolutely unforgeable. This, combined with its incredible rarity and beauty, increases its popularity on the investors' market. If there ever was a good time to secure our money it is now. And if there ever was the perfect time to invest in the last precious metal, it is now.","PeriodicalId":53365,"journal":{"name":"Bankarstvo","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71205244","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
BankarstvoPub Date : 2020-01-01DOI: 10.5937/BANKARSTVO2004100G
Radmila Gaćeša
{"title":"Supply chain finance","authors":"Radmila Gaćeša","doi":"10.5937/BANKARSTVO2004100G","DOIUrl":"https://doi.org/10.5937/BANKARSTVO2004100G","url":null,"abstract":"Supply channel financing or reverse factoring can be defined as the use of financial instruments and technologies to optimize the management of working capital and liquidity, which are linked to the supply chain. This type of transaction includes the following participants: the supplier, the buyer and the factor as an intermediary. Given the available expertise, professionally trained staff, structured experience, technical equipment and some other functionalities, banks are, as factors, ideal participants in supply chain financing. The support provided by international financial institutions, some of which will be mentioned more specifically in the following text, can be a valuable opportunity to improve existing models, and to initiate new projects and install appropriate platforms, which would certainly benefit both clients and the banks themselves.","PeriodicalId":53365,"journal":{"name":"Bankarstvo","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71204793","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
BankarstvoPub Date : 2019-01-01DOI: 10.5937/bankarstvo1903046m
Vesna Martin
{"title":"Twenty years since the introduction of the euro","authors":"Vesna Martin","doi":"10.5937/bankarstvo1903046m","DOIUrl":"https://doi.org/10.5937/bankarstvo1903046m","url":null,"abstract":"U januaru 1999. godine evro je uveden kao zajednička valuta zemalja članica evrozone, koju danas koristi više od 340 miliona Evropljana. Uvođenjem zajedničke valute stvorena je monetarna unija koja je tokom dvadeset godina postojanja imala svoje uspone i padove. Najveći dosadašnji izazov svakako predstavlja svetska finansijska kriza 2008. godine sa kojom se najveći broj zemalja evrozone uspešno izborio. Od svog uvođenja evro je postao druga najznačajnija valuta, posle američkog dolara, u strukturi međunarodnih rezervi doprineo je sniženju transakcionih troškova, u trgovinskoj razmeni stvaranjem jedinstvenog tržišta, ali je i omogućio konvergenciju monetarnih politika zemalja članica evrozone. U prvih dvadeset godina svog postojanja evro se pokazao kao relativno stabilna valuta u koju njeni imaoci imaju poverenja. Evropska centralna banka, zajedno sa centralnim bankama zemalja članica evrozone, stvorila je monetarni sistem u kojem postoji poverenje u zajedničku valutu kroz očuvanje njene vrednosti i nastavka rada na postizanju i obezbeđivanju finansijske i cenovne stabilnosti evrozone.","PeriodicalId":53365,"journal":{"name":"Bankarstvo","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71204868","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
BankarstvoPub Date : 2019-01-01DOI: 10.5937/bankarstvo1903066p
Svetlana Pantelić
{"title":"What makes the 1,000-dinar banknote of the National Bank of the Kingdom of Yugoslavia extraordinary","authors":"Svetlana Pantelić","doi":"10.5937/bankarstvo1903066p","DOIUrl":"https://doi.org/10.5937/bankarstvo1903066p","url":null,"abstract":"Novčanica od 1.000 dinara koja nosi na sebi datum izdanja 1. decembar 1931. godine puštena je u opticaj 1. januara 1933. godine, a povučena iz opticaja u periodu od 4. do 11. juna 1941. godine. Snimanje i izrada klišea obavljeni su u Banque de France, u Parizu, hartija sa vodotiskom nabavljena je iz firme Portals Ltd, Hants, Engleska, a štampana je u Zavodu za izradu novčanica u Beogradu. Autor ove novčanice je Paja Jovanović, jedan od najvećih srpskih slikara. Nema zvaničnih podataka o visini tiraža novčanice, ali se na osnovu naručene količine hartije može pretpostaviti da je izrađeno od 10 do 11 miliona komada novčanica u nominalnoj vrednosti od 10 do 11 milijardi dinara. Dimenzije novčanice su 195x121mm, crteža 181x112mm i vodotiska u prečniku 35mm. Na novčanici dominira lik kraljice Marije Karađorđević, a na vodotisku je profil kralja Aleksandra Karađorđevića.","PeriodicalId":53365,"journal":{"name":"Bankarstvo","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71204878","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
BankarstvoPub Date : 2019-01-01DOI: 10.5937/BANKARSTVO1901064P
Svetlana Pantelić
{"title":"Golden coin of king Aleksandar I Karađorđević","authors":"Svetlana Pantelić","doi":"10.5937/BANKARSTVO1901064P","DOIUrl":"https://doi.org/10.5937/BANKARSTVO1901064P","url":null,"abstract":"","PeriodicalId":53365,"journal":{"name":"Bankarstvo","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71204597","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
BankarstvoPub Date : 2019-01-01DOI: 10.5937/bankarstvo1903012v
Stefan Vržina
{"title":"Long-run effective corporate income tax rates in banks: A case of the Republic of Serbia","authors":"Stefan Vržina","doi":"10.5937/bankarstvo1903012v","DOIUrl":"https://doi.org/10.5937/bankarstvo1903012v","url":null,"abstract":"Efektivna poreska stopa (EPS) je jedna od najčešće korišćenih mera opterećenja porezom na dobitak. Iako se uobičajeno računa na godišnjem nivou, u poslednjoj deceniji koncept dugoročnih EPS postaje popularan. Ciljevi rada jesu poređenje godišnjih i dugoročnih EPS u bankama u Srbiji i poređenje uticaja determinanti EPS u kratkom i dugom roku. Rezultati istraživanja pokazuju da su godišnje i dugoročne EPS u bankama u Srbiji relativno niske. Iako propisana stopa poreza na dobitak iznosi 15%, najveći broj opservacija ima EPS niže od 5%. Značajan procenat opservacija ima godišnje EPS od 0%. Istraživanje je pokazalo da veće banke imaju statistički značajno više godišnje EPS. Međutim, u slučaju dugoročnih EPS, taj nalaz nije statistički značajan. Rezultati istraživanja mogu biti korisni menadžmentu banaka prilikom planiranja poreza na dobitak i poređenja poreskog opterećenja sa prosekom delatnosti, i nacionalnim poreskim vlastima prilikom reformisanja sistema oporezivanja banaka.","PeriodicalId":53365,"journal":{"name":"Bankarstvo","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71204665","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The use of regression analysis in the evaluation of the impact of digitalisation and technological inovations in three measures of the development of economy and society","authors":"Boško Mekinjić, Miloš Grujić, Dragana Vujičić-Stefanović","doi":"10.5937/bankarstvo1904012m","DOIUrl":"https://doi.org/10.5937/bankarstvo1904012m","url":null,"abstract":"Cilj rada je da se ispita korelacija između dostignutog nivoa tehnologije i inovacija i razvoja finansijskog tržišta, indeksa humanog razvoja i bruto domaćeg proizvoda po glavi stanovnika. Istraživačko pitanje glasi: „Da li su, i u kakvoj vezi, nivo tehnologije i inovacija sa indeksom razvijenosti tržišta, indeksom ljudskog razvoja i BDP-om po glavi stanovnika?” Cilj istraživanja je da utvrdimo da li ima osnova za verovanje da je „kopiranjem” određene zemlje po nivou digitalizacije i inovacija moguće dodatno razviti finansijsko tržište, uticati na nivo ljudskog razvoja ili na povećanje BDP-a po glavi stanovnika. Metode korištene u radu su regresiona analiza, odnosno prosta linearna regresija, te analiza i sinteza prethodnih istraživanja i teoretskih nalaza, da bi zaključci bili izvučeni metodom indukcije. Rad predstavlja doprinos autora ekonomskoj teoriji i praksi, te široj javnosti. Rezultati istraživanja još ukazuju i da bi bilo racionalno da finansijski posrednici u zemljama u razvoju razmotre izmjenu svojih poslovnih modela i mogućnosti za njihovo prilagođavanje ubrzanim tehnološkim promjenama.","PeriodicalId":53365,"journal":{"name":"Bankarstvo","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71204708","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
BankarstvoPub Date : 2019-01-01DOI: 10.5937/bankarstvo1904044s
T. Šoja, W. Chamil Senarathne
{"title":"Bitcoin in portfolio diversification: The perspective of a global investor","authors":"T. Šoja, W. Chamil Senarathne","doi":"10.5937/bankarstvo1904044s","DOIUrl":"https://doi.org/10.5937/bankarstvo1904044s","url":null,"abstract":"","PeriodicalId":53365,"journal":{"name":"Bankarstvo","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71204716","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}