The NBS Head Office Building was built from 1888 – 1890, on the basis of blueprints designed by Konstantin Jovanovic (Vienna 1849 – Zurich 1923), son to distinguished artist Anastas Jovanovic...
Bearing in mind that the Strategy for Implementation of Basel III Standards in Serbia is implemented in parallel with other activities aimed at enhancing the regulatory framework for banks’ operation, the Executive Board of the National Bank of Serbia adopted, in its meeting of 12 December 2014, the decision which extends the timeframe for the implementation of the second phase of the strategy until end-2015 (initially set at end-2014).
As Basel III standards bring important and numerous novelties relating both to capital adequacy rules and liquidity ratios, any introduction of new standard elements and changes to regulations must be informed by the assessment of the effects of such changes on individual banks and banking sector as a whole.
With a view to detecting any potential problems and obstacles to the introduction of new standards and making an adequate decision on the dynamics of introduction of all elements of Basel III standards, the National Bank of Serbia is conducting a quantitative study on the effects of new standards on capital adequacy and liquidity ratios.
In this phase, the analysis will focus first on the effects of the introduction of new standards on capital, risk-weighted assets and leverage ratio, and subsequently on the effects of changes to regulations on liquidity.