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Serbian loan landscape: Growth trends and payment delays

In the latest report released by the Association of Serbian Banks, the total debt from loans to businesses, citizens, and entrepreneurs stood at approximately 3.601 billion dinars by the end of April this year, marking a 4.5 percent increase compared to March. Loans to businesses saw a notable uptick of 7.3 percent, reaching a total of 2.99 billion dinars, while loans to entrepreneurs grew by 2.4 percent to about 73.2 billion dinars. Concurrently, household debt to banks rose by 1.1 percent, amounting to 1.528 billion dinars by the end of April.

Analysis of loan types reveals that cash loans increased by 1.5 percent, consumer loans by 4.2 percent, and housing loans by 0.5 percent, with agricultural loans experiencing a modest rise of 0.8 percent. Notably, refinancing loans witnessed the most substantial growth within the household loan segment.

Regarding late payments, there was a slight improvement noted at the end of April, with delays reported in 2.7 banking loans, representing a 0.2 percent decrease compared to February.

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