摘要：The aim of the paper is to identify the main factors which contributed to decline of profitability in Serbian banking sector during the period of global economic crisis.There are presented different theories of banking sector profitability and results of scientifically significant empirical researches from economic literature.Following ratios were used as measure of profitability:return on assets(ROA),return on equity(ROE),net interest gain to total revenue,net fees and commissions gain to total revenue,and net pre-tax profit/loss to total revenue ratio.The profitability was analyzed for the whole Serbian banking sector in the period 2008-2012 and particularly for the 15 largest banks according to total assets value in 2012.The empirical analysis indicated that one of the most important factors contributing to high amounts of losses of commercial banks in the previous period includes an increase of net operating expenses,especially expenses on account of a write-off of nonperforming loans(NPL).Furthermore,there were analyzed the dynamics of interest rates and interest spread as a factor with certain impact on profitability of banks.Finally,it is estimated that the prospects for intensive growth of profitability in the banking sector of Serbia in the mid-term are poor.
其他摘要：Osnovni cilj rada je da se utvrde glavni faktori koji su doprineli padu profitabilnosti u bankarskom sektoru Srbije u periodu svetske ekonomske krize.U radu su predstavljene različite teorije profitabilnosti bankarskog sektora iz ekonomske literature i rezultati naučno značajnih empirijskih istraživanja.Profitabilnost je merena sledećim indikatorima:stopa prinosa na imovinu(ROA),stopa prinosa na kapital(ROE),stopa neto dobiti od kamata, stopa neto dobiti od naknada i provizija i stopa neto dobiti pre oporezivanja. Analiza je sprovedena na nivou celog bankarskog sektora za period 2008- 2012.godine i posebno za 15 najvećih banaka po vrednosti ukupne aktive u 2012.godini.Empirijska analiza je pokazala da jedan od najznačajnijih faktora koji su doprineli visokim gubicima poslovnih banaka predstavlja rast neto operativnih rashoda,posebno,rashoda na ime otpisa problematičnih kredita. Pored toga,u radu je analizirana dinamika kamatnih stopa i kamatne marže sa izvesnim uticajima na profitabilnost banaka.Konačno,procenjeno je se da su izgledi za intezivan rast profitabilnosti u bankarskom sektoru Srbije u srednjem roku skromne.
