The primary aim of the Annual Financial Stability Report is to inform the public about the condition of the financial system, to highlight the risks in the system and to timely alert of the potential systemic risks. To this end, the Report elaborates on the key systemic risks stemming from the domestic and international environment, regulatory measures taken or to be taken in order to prevent, mitigate or eliminate these risks. The Report presents in aggregate terms the results of macroprudential stress tests for the banking sector, tendencies in the banking and non-banking sectors, developments in the domestic and international environment, and trends in different segments of the financial market. Furthermore, the Report explores the sustainability of public and external debt under assumed stress scenarios. Numerous text boxes in the Report place special emphasis on the most topical issues relating to financial stability and macroprudential policy at global and national level.
Text box 1: Ten years after the global financial crisis Text box 2: Climate change as a challenge to financial stability Text box 3: Results of the 2018 EU-wide stress tests Text box 4: New payment system in the Republic of Serbia – Instant Payments Serbia Text box 5: Real estate valuations in 2018 Text box 6: Financial innovations and cyber security Text box 7: Impact assessment of capital-based macroprudential measures on credit and economic