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

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

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

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

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

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...

Banking sector reacts to proposed interest rate limits: A silent response

The banking sector has been notably quiet in response to the recent announcement by Jorgovanka Tabaković, the re-elected governor of the National Bank of...

UniCredit Serbia reports 40% increase in net profit for H1 2024

UniCredit’s Serbian branch reported a substantial net profit of nearly €109 million (RSD 12.7 billion) for the first half of 2024, reflecting a 40%...

Serbian banks achieve record profits in 2023: Insights and sector analysis

In 2023, Serbian banks marked a significant milestone with a collective net profit of 122.2 billion dinars, setting a record high for the sector,...
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