Emergence and development trends of electronic banking in Serbia

Global business changes and technology development open up new opportunities for banks to improve the quality of their services while reducing costs and increasing efficiency. One of the consequences of accelerated technological development and the efforts of banks to increase competitiveness is the...

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Main Authors: Đekić Marija, Nikolić Miloš, Vesić Tamara
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2022-01-01
Series:Trendovi u Poslovanju
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2201097Q.pdf
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author Đekić Marija
Nikolić Miloš
Vesić Tamara
author_facet Đekić Marija
Nikolić Miloš
Vesić Tamara
author_sort Đekić Marija
collection DOAJ
description Global business changes and technology development open up new opportunities for banks to improve the quality of their services while reducing costs and increasing efficiency. One of the consequences of accelerated technological development and the efforts of banks to increase competitiveness is the emergence of electronic or internet banking. Electronic banking in Serbia began to be applied somewhere in 2003, but at a much slower pace than in developed countries. The main limitations of the insufficient use of electronic banking are related to the still insufficient use of the Internet and advanced technology, the resistance of the population to changes, the weak information system and the lack of information. Recently, the development of e-business in Serbia has been faster, and the assumptions are that this development will continue, especially in terms of the use of mobile banking. Banks should make efforts to create a culture of trust among customers and promote e-banking services, in order to influence public awareness of the positive aspects of this form of banking services. The paper describes the origin, current development and future perspectives of the use of electronic banking in the Republic of Serbia.
format Article
id doaj-art-06bd7274b6334a12837b3e4c6d917943
institution Kabale University
issn 2334-816X
2334-8356
language English
publishDate 2022-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
record_format Article
series Trendovi u Poslovanju
spelling doaj-art-06bd7274b6334a12837b3e4c6d9179432025-02-10T19:38:24ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562022-01-011019710810.5937/trendpos2201101D2334-816X2201097QEmergence and development trends of electronic banking in SerbiaĐekić Marija0https://orcid.org/0000-0001-7720-0981Nikolić Miloš1https://orcid.org/0000-0003-0690-8047Vesić Tamara2https://orcid.org/0000-0002-5747-7542Visoka škola za poslovnu ekonomiju i preduzetništvo, Beograd, SerbiaVisoka škola za poslovnu ekonomiju i preduzetništvo, Beograd, SerbiaVisoka škola za poslovnu ekonomiju i preduzetništvo, Beograd, SerbiaGlobal business changes and technology development open up new opportunities for banks to improve the quality of their services while reducing costs and increasing efficiency. One of the consequences of accelerated technological development and the efforts of banks to increase competitiveness is the emergence of electronic or internet banking. Electronic banking in Serbia began to be applied somewhere in 2003, but at a much slower pace than in developed countries. The main limitations of the insufficient use of electronic banking are related to the still insufficient use of the Internet and advanced technology, the resistance of the population to changes, the weak information system and the lack of information. Recently, the development of e-business in Serbia has been faster, and the assumptions are that this development will continue, especially in terms of the use of mobile banking. Banks should make efforts to create a culture of trust among customers and promote e-banking services, in order to influence public awareness of the positive aspects of this form of banking services. The paper describes the origin, current development and future perspectives of the use of electronic banking in the Republic of Serbia.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2201097Q.pdfelectronic bankinginternet bankingelectronic businesselectronic tradingbanking businessbanking services
spellingShingle Đekić Marija
Nikolić Miloš
Vesić Tamara
Emergence and development trends of electronic banking in Serbia
Trendovi u Poslovanju
electronic banking
internet banking
electronic business
electronic trading
banking business
banking services
title Emergence and development trends of electronic banking in Serbia
title_full Emergence and development trends of electronic banking in Serbia
title_fullStr Emergence and development trends of electronic banking in Serbia
title_full_unstemmed Emergence and development trends of electronic banking in Serbia
title_short Emergence and development trends of electronic banking in Serbia
title_sort emergence and development trends of electronic banking in serbia
topic electronic banking
internet banking
electronic business
electronic trading
banking business
banking services
url https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2201097Q.pdf
work_keys_str_mv AT đekicmarija emergenceanddevelopmenttrendsofelectronicbankinginserbia
AT nikolicmilos emergenceanddevelopmenttrendsofelectronicbankinginserbia
AT vesictamara emergenceanddevelopmenttrendsofelectronicbankinginserbia