United States Agency for International Development (USAID)
Year: 2014
The purpose of this study is to assess access to finance for small and medium-sized enterprises (SMEs) in Serbia. It also serves as a basis for further research aimed at developing policy recommendations that can help improve the SME sector, its growth, and its contribution to the country's overall added value. The expansion and development of the SME sector is an opportunity, but also a necessity for the Serbian economy. This report has two components, focused respectively on the demand and supply sides. The first component aims to examine the structure, performance, and growth potential of SMEs in Serbia – because it is a large segment of the Serbian economy that is poorly understood, and is relatively neglected by both policymakers and the wider public. The purpose of the second component is to understand and analyze the practice of bank financing for SMEs in order to determine if there is room for expanding financing opportunities for the mutual benefit of both banks and SMEs, all in a way that contributes to the growth of the entire economy.
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Report
