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Battle for Addiko Bank: Strategic moves in a consolidating market

May 28, 2024

Vienna-based Addiko Bank recently announced a significant transaction involving Serbian company Diplomat Pay, which entered an agreement to conditionally purchase 1,340,207 shares (6.87% of...

New player enters Serbia’s debt market: ODM Collection acquires claims of Universal Bank in bankruptcy

May 18, 2024

In addition to the eleven companies already involved in purchasing debts from bankrupt banks in recent years, a new player has emerged in the...

Commercial banks in Serbia thrive despite interest rate limitations: A look at 2023 profits

April 2, 2024

Despite the National Bank of Serbia's decision to limit interest rates on housing loans in September, commercial banks in Serbia still managed to achieve...

Record-breaking profits: Serbia’s banking sector soars in 2023

April 2, 2024

Serbia's commercial banks saw unprecedented success in 2023, boasting a net profit exceeding one billion euros. After tax deductions, the banking sector's profit amounted...

S&P maintained Serbia’s credit rating

October 9, 2023

The Standard & Poor's rating agency has decided to keep Serbia's credit rating at the BB+ level, with stable prospects for its further increase,...

The Serbian economy pays for electricity at the level of EU economies

September 10, 2023

The Serbian economy currently pays for electricity at the level of the economies of the European Union, and the production price of electricity in...

The National Bank of Serbia additionally tightened monetary conditions through the mandatory reserve

September 10, 2023

The National Bank of Serbia made a decision to increase the mandatory reserve rates, as a measure to fight inflation, the central bank announced. As...

What would happen if we panicked and withdrew savings from Serbian banks?

August 8, 2023

If the citizens of Serbia started to panic today and withdraw their savings from the banks, as in the crisis of 2008, when they...

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