Marela ISUFI & Era ÇELMETA
Balkan countries are within themselves in a constant stream of financial development. Non-banking financial institutions (NBFI) play a key role in our modern financial markets. With our study, we will navigate through the reasons why is the development of this market so essential for the Balkan countries and for our country in particular. We will also display which are some of the difficulties that NBFIs face nowdays in Balkan countries, highlighting especially the differences between their form of organization, development and their level of importance in the country they operate.For our study we will use official financial data to construct an econometric model in order to look at the factors of sustainability and correlation. We will also use secondary data from prior scientific studies and various opinions from experts in finance. Our focus will be on comparing the growth rates of financial markets in different Balkan countries.