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Serbia’s financial sector is stronger on capital than on artificial intelligence

Serbia’s financial sector is presenting two very different pictures of modernisation. On the conventional measures of resilience — capital, liquidity, profitability and credit quality —...

Serbia’s non-bank finance remains small and concentrated in sovereign debt and vehicles

Serbia’s non-bank financial sector continues to expand in nominal terms but remains too small to provide a meaningful counterweight to commercial banks. Insurance companies,...

Serbia’s financial sector is still a bank monoculture

Serbia’s financial sector remains overwhelmingly bank-led. Total financial-sector assets reached about €67.4bn in Q1 2026, of which banks accounted for €61.1bn, or 90.5%. The nonbank financial sector remains...

Serbia’s financial sector stability masks structural liquidity constraints across the real economy

The latest quarterly bulletin on financial institutions from the Serbian Chamber of Commerce for Q4 2025 provides a revealing cross-section of how capital is circulating through...

Digital finance accelerates in Serbia as remote contracts exceed 518,000 in 2025

Serbia’s financial sector is undergoing a structural digital shift, with more than 518,000 financial contracts concluded remotely in 2025, marking a sharp 60% year-on-year increase and confirming...

Inflation expectations in Serbia anchor around 3% as monetary policy credibility holds

Inflation expectations among Serbia’s financial sector, corporates and banks are converging toward the 3% level, reinforcing the view that price growth is stabilising within...

Serbia’s leasing boom: The €1 billion financing market powering corporate investment

Serbia’s financial sector is witnessing a structural transformation driven by the rapid expansion of the leasing industry. In 2025, the total value of newly...

Short-term inflation expectations among financial sector drop to target centre in January

Short-term inflation expectations among financial institutions in Serbia eased in January, aligning with the central value of the National Bank of Serbia’s (NBS) inflation...

Financial services and payments in Serbia in 2025: The real financial architecture that underwrites growth, liquidity and the next decade of industrial investment

By 2025 Serbia’s financial sector is no longer a support function sitting on the margins of the economy. It has evolved into a vast...

Inflation expectations at 3.4%: What this means for Serbia’s economy, consumption and monetary policy outlook

When Serbia’s financial sector indicates that year-ahead inflation expectations have settled around 3.4 percent, it represents far more than a statistical update. Inflation expectations are...

Systemic stability in practice: Serbia’s financial sector resilience under 2025 stress metrics

Financial stability is often discussed as an abstract concept — a theoretical shield, a statistic buried inside central bank reports, or a vague reassurance...

Serbia’s inflation expectations remain within central bank target, survey shows

According to the September survey by Ninamedija, short and medium-term inflation expectations in Serbia’s financial sector remain within the central bank’s target range of...

Serbia’s financial sector and businesses maintain inflation expectations within target range

Short and medium-term inflation expectations in Serbia's financial sector remained within the target range of 3 ± 1.5%, according to the results of the August survey....

Serbia’s inflation expectations remain stable within target range

In June, short-term inflation expectations in Serbia’s financial sector remained steady at 3.5 percent, staying within the National Bank of Serbia’s target range for...
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