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Serbia’s total loan portfolio increases by 1.4% in April, driven by higher loans to households and entrepreneurs

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At the end of April this year, the total loans in the economy, including loans to citizens and entrepreneurs, amounted to approximately 3.894 trillion dinars, reflecting a 1.4% increase compared to March, according to the Association of Serbian Banks.

Business loans reached around 2.107 trillion dinars, showing a 0.4% increase from March. Loans to entrepreneurs rose by 1.6%, totaling around 85 billion dinars. Meanwhile, household debt to banks stood at approximately 1.702 trillion dinars, a 2.6% increase.

Within loans to households, consumer loans grew by 13.2% compared to March, cash loans by 3.1%, and housing loans by 2.4%. However, refinancing loans declined by 0.4%, and agricultural loans fell by 1%.

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As of the end of March, 2.5% of total bank loans were in arrears, compared to 2.6% in March.

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