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Serbia secures new loans for Ruma-Å abac-Loznica road construction amid rising costs

Serbia has announced new borrowing to fund the construction of the Ruma-Å abac-Loznica road, securing two separate loans totaling 15 billion dinars (approximately 127.2 million...

Serbia’s bank indebtedness trends: Insights from the latest credit report

In May, total indebtedness to banks in Serbia rose by 5.2% year-on-year, surpassing 30 billion euros for the year. Household debt for housing loans...

Digital banking surges in Serbia: Mobile transactions lead the way

At the close of the first quarter of 2024, Serbia witnessed a notable surge in the adoption of electronic banking services, with a total...

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

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

Alta Pay Group acquires significant stake in Addiko Bank AG

Alta Pay Group, owned by Davor Macura, has reportedly acquired around 30% of Addiko Bank AG shares, aiming to become the bank's largest individual...

Minority shareholders challenge NLB Komercijalna Banka’s forced buyout

During three days in April, minority shareholders of NLB Komercijalna banka, who owned priority shares, will continue non-litigation proceedings before the Commercial Court in...

Unsecured Loans Facilitated through Collaborative Agreements with DFC, Three Banks, USAID, and Serbia’s Ministry of Finance

The U.S. International Development Finance Corporation (DFC) and "3 Banks" have, in collaboration with the Ministry of Finance of Serbia and the U.S. Agency...

CDP Expands Presence with New Office Launch in Belgrade

The opening of the CDP office in Belgrade represents an exceptionally important step in further strengthening the economic and business relations between Serbia and...
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