tailieunhanh - Report and Recommendations of the Cross-border Bank Resolution Group

The debt repayment program was based on a bank restructuring system that introduced solvency measures into the banking market. As a result, a total of ten state-owned banks lost their business licenses and were subsequently closed. Those are: Slavija banka, Privredna banka Novi Sad, Valjevska banka, JIK banka, Pozarevacka banka, Sabacka banka, Beogradska banka, Beobanka, Jugobanka, and Investbanka. Later, two more banks were added to this list - Dafiment banka and Banka privatne privrede Crne Gore. Payments to depositors from all these banks were transferred to the newly formed National Savings Bank (more details in Section 3). Two other banks (Jubanka . and Kosovska banka .) that survived the. | Basel Committee on Banking Supervision Report and Recommendations of the Cross-border Bank Resolution Group March 2010 BANK FOR INTERNATIONAL SETTLEMENTS Copies of publications are available from Bank for International Settlements Communications CH-4002 Basel Switzerland E-mail publications@ Fax 41 61 280 9100 and 41 61 280 8100 This publication is available on the BIS website . Bank for International Settlements 2010. All rights reserved. Brief excerpts may be reproduced or translated provided the source is cited. ISBN 92-9131-819-1 print ISBN 92-9197-819-1 online