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Serbia’s banking sector faces consolidation: Experts predict market reduction

October 24, 2024

There are currently 20 banks operating in Serbia, but ongoing market trends suggest that consolidation will likely reduce this number significantly, potentially halving it,...

Shifts in HR practices: Small companies and banks lead the way in employee experience enhancement

October 6, 2024

As the business landscape continues to evolve, the HR community demonstrates a commitment to sharing effective practices, which positively influences the labor market. The...

New leadership at Addiko Bank Serbia: A shift towards growth and innovation

October 1, 2024

The Supervisory Board of Addiko Bank Serbia has appointed Srđan Kondić as the new Chairman of the Executive Board, pending approval from the National...

Serbia’s household debt rises to 1.582 trillion dinars by end of August

September 17, 2024

As of the end of August, Serbia's household debt reached 1.582 trillion dinars, marking a 1.1% increase from the previous month and a 6.0%...

Serbian banks ease dinar loan standards, tighten foreign currency loan criteria: NBS survey

August 16, 2024

In the second quarter of this year, banks in Serbia relaxed the criteria for approving dinar loans to businesses, while slightly tightening standards for...

ECB suspends voting rights for Alta Pay and Diplomat Pay in Addiko Bank over joint stake dispute

August 14, 2024

The European Central Bank (ECB) has suspended the voting rights of Alta Pay Group and Diplomat Pay in Addiko Bank due to their failure...

Balancing borrowing: How credit cards and overdrafts can be beneficial when used wisely

August 7, 2024

Many citizens with limited financial resources turn to borrowing by accessing overdrafts or using credit cards. While this form of borrowing is generally less...

Alta banka boosts capital by 3.16 billion dinars

August 6, 2024

Serbian Alta banka has raised its share capital by 3.16 billion dinars (approximately $29.5 million/€27 million) through a new share issuance. The bank issued...

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