Serbia and Montenegro Financial sector Stats
Definitions
- Assets > Bank capital to assets ratio: Bank capital to assets is the ratio of bank capital and reserves to total assets. Capital and reserves include funds contributed by owners, retained earnings, general and special reserves, provisions, and valuation adjustments. Capital includes tier 1 capital (paid-up shares and common stock), which is a common feature in all countries' banking systems, and total regulatory capital, which includes several specified types of subordinated debt instruments that need not be repaid if the funds are required to maintain minimum capital levels (these comprise tier 2 and tier 3 capital). Total assets include all nonfinancial and financial assets."
- Capital markets > Financing via international capital markets > Gross inflows > % of GDP: Financing via international capital markets is the sum of gross bond issuance, bank lending and new equity placement. Bond issuance is the notional amount of bond issuance by government, public and private sector borrowers in international capital markets. Bank lending is the committed amount of funds raised by government, public and private sector borrowers via international syndicated lending. Equity placement is the notional amount of cross-border equity placement."
- Capital markets > Market capitalisation of listed companies > Current US$: Market capitalisation (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars."
- Capital markets > Stocks traded > Total value > % of GDP: Stocks traded refers to the total value of shares traded during the period. This indicator complements the market capitalisation ratio by showing whether market size is matched by trading.
- Capital markets > Stocks traded > Total value > Current US$: Stocks traded refers to the total value of shares traded during the period.
- Capital markets > Stocks traded > Turnover ratio: Turnover ratio is the total value of shares traded during the period divided by the average market capitalisation for the period. Average market capitalisation is calculated as the average of the end-of-period values for the current period and the previous period.
- Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
- Exchange rates and prices > Inflation > Consumer prices > Annual %: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used."
- Interest rates > Deposit interest rate: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits."
- Interest rates > Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
- Interest rates > Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
- Interest rates > Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
- Interest rates > Risk premium on lending > Prime rate minus treasury bill rate: Risk premium on lending is the interest rate charged by banks on loans to prime private sector customers minus the ""risk free"" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government."
- Monetary holdings > Liabilities > Bank liquid > Reserves to bank assets ratio: Ratio of bank liquid reserves to bank assets is the ratio of domestic currency holdings and deposits with the monetary authorities to claims on other governments, nonfinancial public enterprises, the private sector, and other banking institutions."
- Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
SOURCES: International Monetary Fund, Global Financial Stability Report.; Dealogic, and World Bank GDP estimates.; Standard & Poor's, Emerging Stock Markets Factbook and supplemental S&P data.; Standard & Poor's, Emerging Stock Markets Factbook and supplemental S&P data, and World Bank and OECD GDP estimates.; World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, International Financial Statistics and data files.; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; International Monetary Fund, International Financial Statistics database.
Citation
Serbia and Montenegro Economy > Financial sector Profiles (Subcategories)
| Assets 9 | Interest rates 5 |
| Capital markets 7 | Monetary holdings 8 |
| Exchange rates and prices 4 |
