As you know, a number of other countries plan to implement the full set of Basel II approaches for credit risk (standardized, foundation IRB, and advanced IRB) and operational risk (basic indicator, standardized, and the advanced measurement approaches), with all but the advanced approaches expected to be implemented next year in many Basel countries.
What are the effects of the National Bank of Serbia and the Government measures? Lending activity has remained a stable source of financing the private sector. Its structure in terms of currency, sector and purpose contributes to the even recovery of consumption and investment. The dinarisation of corporate loans is by over 9 percentage points higher compared to the precrisis period.