Front Matter

Front Matter Page

© 2010 International Monetary Fund

May 2010

IMF Country Report No. 10/152

Republic of Serbia: Financial Sector Assessment Program Update—Technical Note on Corporate and Household Debt Restructuring

This Technical Note on Corporate and Household Debt Restructuring on the Republic of Serbia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on March 2010. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of the Republic of Serbia or the Executive Board of the IMF.

The policy of publication of staff reports and other documents by the IMF allows for the deletion of market-sensitive information.

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Front Matter Page

Financial Sector Assessment Program

Republic of Serbia

Corporate and Household Debt Restructuring

Technical Note

March 2010

International Monetary Fund

Monetary and Capital Markets department

The World Bank

Financial and Private Sector

Development

Vice PresidencyMiddle East and North

Africa Region Vice Presidency

Contents

  • Corporate and Household Debt Restructuring

    • Collateral and Enforcement Systems

    • Corporate Debt Resolution

    • Household Debt Resolution Mechanisms

  • Tables

  • Table 1. Pledge Registry Statistics, 2007-2009

  • Table 2. Regional Comparative Bankruptcy Recovery Rates

  • Table 3. Blocked Accounts as of September 30, 2009

  • Boxes

  • Box 1. Turkey’s Workout Procedure—The Istanbul Approach

  • Annexes

  • Annex 1. Workout Models Adopted in Asia

  • Annex 2. Common Components of a Functional Workout Environment

Republic of Serbia: Financial Sector Assessment Program Update: Technical Note on Corporate and Household Debt Restructuring
Author: International Monetary Fund