Veroljub Dugalic, secretary general of the Association of Serbian Banks, stated Wednesday there was a slight increase in household debt in May compared to the previous month, adding he believes this is the first sign that the standard is improving.
The overall indebtedness of Serbian citizens in bank loans totaled RSD 692.744 billion in end-May, while a month earlier it amounted to RSD 687.255 billion.
“Let us say this is a small encouragement and the first sign that the standard is improving as well,” Dugalic told a press conference.
The total amount of cash loans at the end of May rose slightly to RSD 209.061 billion. Consumer loans totaled RSD 24.316 billion, housing loans RSD 377.022 and agricultural loans RSD 43.215 billion.
On the other hand, the total indebtedness of the economy in bank loans on the last day of May stood at RSD 1,315 billion, according to data from the Association of Serbian Banks, while in April it totaled RSD 1,352 billion.
Source; SerbGov
