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Serbia, Decline in business loans and slight increase in household loans in January

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The total loans of the economy, citizens and entrepreneurs at the end of February amounted to about 3,313 billion dinars, which is 0.2 percent less than in January, the Association of Serbian Banks announced today.

Loans to the economy were about 1,813 billion dinars, which is 0.4 percent less than in January, and to entrepreneurs about 69.2 billion dinars, which is a drop of 0.8 percent.

Household debt to banks increased by 0.2 percent to RSD 1,431 billion.

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Among household loans, consumer loans decreased by 0.3 percent, as did refinancing loans, while agricultural loans increased by 0.4 percent and housing loans by 0.3 percent.

At the end of February, 2.7 percent of total bank loans were in arrears, while in January they were 2.9 percent.

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