THE BANKING SECTOR LIQUIDITY AS A FOUNDATION OF INTRODUCING INNOVATIONS IN BUSINESS

Dragana Milić; Slobodanka Jovin

Authors

Dragana Milić Business School, Novi Sad, Serbia
Slobodanka Jovin Business School, Novi Sad, Serbia

Keywords:

The banking sector liquidity, Innovation

Abstract

Throughout the history, banks have shown the precondition for illiquidity and transferring this risk to the overall economy. Taking into account this fact, we can say that the subject of this study is analysis of the impact of macroeconomic factors on the banking sector liquidity in Serbia together with the ability to introduce innovations in business. The aim of the study is based on an assessment of whether and how the variations in macroeconomic factors affect the banking sector exposure to liquidity risk, which at the same time determines the readiness of banking sector to respond to contemporary challenges in the business. By applying appropriate statistical methods such as correlation analysis, significant results on the impact of macroeconomic factors have been obtained. More importantly, these results can be used as the basis for monitoring and measuring il/liquidity of the banking sector. The study results show that by monitoring of factors which have the biggest influence on the banking sector liquidity, the allocation of funds for innovation in the banking business can be planned.

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