HomeTagsNBS

NBS

Serbia’s banking liquidity remains strong, but credit growth is moving into a more selective phase

Serbia’s banking system enters May with a defensive balance-sheet structure: policy rates remain high, liquidity is ample, deposits still fund the loan book comfortably,...

Central Bank absorbs domestic gold output as Serbia accelerates reserve accumulation

Serbia’s monetary authorities have moved decisively to internalize domestic gold production, with the central bank emerging as the sole buyer of gold produced by China’s...

NBS decision gives Serbian e-commerce exporters a cleaner route to foreign-currency online payments

Serbia’s e-commerce sector has received an important regulatory clarification after the National Bank of Serbia confirmed that domestic companies may charge non-resident customers in foreign currency...

Serbia interest rate framework reflects domestic policy control and enhances economic responsiveness

Serbia’s interest rate environment is defined by the country’s ability to conduct independent monetary policy, providing a level of flexibility that distinguishes it from...

Inflation and interest‑rate policy in Serbia, 2026

In 2026, Serbia has entered a phase of “disinflation‑with‑caution,” where the National Bank of Serbia (NBS) is balancing relatively low headline inflation against lingering...

Monetary pollicy turning point: Could Serbia begin cutting interest rates in 2026

Serbia’s monetary policy environment is approaching a potential turning point as inflation pressures gradually ease and economic growth moderates. After several years of restrictive...

Instant payments in Serbia surpass 10.5 million transactions in February

The instant payment system operated by the National Bank of Serbia recorded strong usage growth in February 2026, with 10.59 million instant transactions executed...

National Bank of Serbia: January industrial decline linked to refinery shutdown

Industrial production in Serbia recorded a noticeable decline at the beginning of the year, primarily as a consequence of the temporary halt in operations...

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...

Serbia’s Central Bank sees inflation staying within target, GDP growth at 3.5%

Serbia’s inflation is expected to remain within the National Bank of Serbia’s target range through September 2026, while economic growth this year is projected...

Monetary easing pauses as Serbia’s key policy rate remains at 5.75%

The decision by the National Bank of Serbia to hold its key policy rate at 5.75% marks a deliberate pause in the country’s monetary easing cycle...

Strong demand for long-dated Serbian government bonds confirms market confidence

The successful placement of long-dated sovereign debt during 2025 marked a quiet but consequential milestone for Serbia’s public-finance strategy. By issuing €200 million of 15-year euro-denominated government...

Serbia’s Central Bank signals scope for rate cuts in late 2026

The monetary policy stance of the National Bank of Serbia has entered a prolonged phase of deliberate inertia that, by early 2026, is increasingly interpreted by...

National Bank of Serbia holds the line at 5.75% as the credit cycle cools

Serbia entered 2026 with monetary policy deliberately unchanged: the National Bank of Serbia kept the key policy rate at 5.75%, maintaining the corridor with...
123...28Page 1 of 28
Supported byspot_img
Supported byVirtu Energy
Supported bySerbia Energy
Supported byMercados Media