Banks's Debt Collection by Means of Judicial and Non-Judicial Proceedings

Dragaš, Radovan and Marjanović, Darko (2014) Banks's Debt Collection by Means of Judicial and Non-Judicial Proceedings. In: IV International Symposium Engineering Management and Competitiveness (EMC 2014), Zrenjanin, 20-21st June 2014. Technical Faculty "Mihajlo Pupin", Zrenjanin, pp. 333-338. ISBN 978-86-7672-224-2

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Abstract

With the emergence of the Global Economic Crisis commercial banks on the Serbian market are faced with the constant increase of the problem loans. Poor payment discipline is a burning issue of the modern business which is influencing all societies all over the world. Client’s constant payment delays or even complete absence of payment are resulting in radical problem connected with bank’s liquidity. This is causing poor business results and, at the same time,they are not able to settle their own debts on time. It can be concluded that, all the participants on the market are entering an “enchanted circle” of nonpayment.

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