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2019, vol. 65, iss. 4, pp. 21-30
Analysis and impact of main macro and microeconomic factors on the growth of NPLs in the emerging financial markets
aUniversity of Business Academy in Novi Sad, Faculty of Applied Management, Economics and Finance, Belgrade, Serbia
bInstitute of Agricultural Economics, Belgrade, Serbia

emailamuhovic@gmail.com, Ionel.s@iep.bg.ac.rs
Keywords: loans; Gross Domestic Product (GDP); unemployment rates; inflation rates; Return on Assets (ROA) and Return on Equity (ROE)
Abstract
Starting from contemporary theoretical and practical knowledge in the field of banking and contemporary financial theory, this paper investigates the impact of major macroeconomic and microeconomic factors on the growth rate of nonperforming loans. The theoretical views expressed have been tested in the financial markets of developing Western Balkan countries; Serbia, Montenegro and Bosnia and Herzegovina. The survey period covered the period 2000 to 2015.
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article language: English
document type: Original Paper
DOI: 10.5937/ekonomika1904021M
published in SCIndeks: 27/01/2020
Creative Commons License 4.0

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