The recently issued Basel Committee on Banking Supervision consultation document on the implications of fintech for the financial sector assesses how technology-driven innovation in financial services, or “fintech", may affect the banking industry and the activities of supervisors in the near to medium term and advocates 10 key recommendations for banks and bank supervisors to address the challenges of fintech.
At the same time, inflation expectations of the financial and corporate sectors have been anchored within the target band for quite some time already, indicating confidence in the National Bank of Serbia’s monetary policy. Owing to better export performance, high FDI inflows and greater interest of foreign investors in long-term government securities, the dinar strengthened vis-à-vis the euro by 4.2% in 2017.