Banking Sector Comparative Analysis Serbia vs EU Member States

The convergence of Serbia’s banking sector to the EU Member States banking sectors may be investigated by the comparative analysis of some relevant indicators. This analysis uses indicators such as sector development, structures, capacities and performances by the methodology of the European Central Bank (ECB). Based on the findings of the analysis, the convergence level of Serbia’s banking sector towards the EU average was evaluated in relation to the two main groups - the old EU Member States (EU15) and the new EU Member States (NMS). The reference groups for the banking sector in Serbia are the new EU members from central, eastern and south-eastern Europe that still have the features of the transition countries (EU18-27).