Banks need reliable, transparent financial information when making credit decisions. A financial advisor or accountant can advise you on when it could be advantageous to seek out a bank, and help you calculate, compile, and present your information to banks.
This brochure will help you in choosing a financial advisor or accountant for your SME.
This brochure aims at helping SMEs access credit in Serbia, by providing 8 insights to help SMES how banks make lending decisions.
The bank will want a realistic picture of how much you owe to others. This is not always straightforward.
On March 26, 2026, the World Bank Centre for Financial and Sustainability Reporting Reform (CFRR), together with the International Ethics Standards Board for Accountants (IESBA) and the International Federation of Accountants (IFAC), hosted a webinar on revisions to the IESBA International Code of Ethics for Professional Accountants. The main objective was to ensure stakeholders across the Europe and Central Asia region are aware of the substantive revisions to the Code of Ethics introduced since 2018 and to provide information to support their successful adoption and implementation.
The private equity market in the Western Balkans is at a very early stage of development and there is currently limited investment opportunity. The main source of financial capital available for Small and Medium-sized Enterprises (SMEs) throughout the region currently is through banks; by obtaining lines of credit, bank loans and other forms of debt. Alternative sources of capital are either non-existent or in very low supply.