Serbian citizens continue to prefer saving in euros, but broker Branislav Jorgić says saving in dinars is currently more profitable and beneficial for the domestic financial system. In the first half of 2025, dinar savings increased by 2.4% year-on-year, reaching 195.7 billion dinars, while foreign currency savings grew by 313 million euros, or 2%, according to the National Bank of Serbia.
Jorgić notes that the rise in savings reflects higher incomes relative to expenses and renewed trust in the banking system and the stability of the dinar. While 90% of citizens still save in euros, the 10% opting for dinars marks significant growth compared to ten years ago, when dinar savings accounted for only 2%.
Saving in dinars strengthens banks’ investment capacity, allows more efficient banking operations, and supports Serbia’s monetary sovereignty, unlike euros, which fall under EU control. Jorgić emphasizes that long-term dinar savings—over a year—would provide the highest quality investment. Statistically, saving in dinars is more profitable due to higher interest rates and no tax on savings income, although some citizens remain cautious due to past inflation experiences.
