Some challenges still remain, such as: •  The Republic of Serbia has to define its further strategy clearly in terms of both majority and minority interest in banks;  •  The National Bank of Serbia has set a deadline until 30 June this year to all qualified holders of more than 5% interest, as specified by the recently adopted Banking Law (15% before), for submission of necessary documents for the purpose of assessing their financial standing, reputation and investment strategy.
Since the 2008 global financial crisis a consensus has been reached that the central bank must promote financial as well as price stability, and in reflection of this financial stability has been added to the Bank of Korea’s mandate.