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Why Serbia’s foreign exchange reserves were reduced?

Gross foreign exchange reserves of the National Bank of Serbia at the end of November amounted to 24.16 billion euros and were 225.7 million...

Serbian central bank says inflation drops to 8 percent

The National Bank of Serbia (NBS) said on Tuesday that inflation stood at 8 percent in November which it said is lower than expected. A...

Serbian central bank says armchair banking on the rise

In the course of the third quarter of 2023, 43,318 distance contracts were concluded between Serbian banks and financial services users, which is by...

Will remittances “beat” foreign direct investments again this year?

Last year, the inflow of foreign direct investments amounted to around 4.4 billion euros, while remittances reached a value of as much as five...

Bigger investments from Romania than from Germany in Serbia

Foreign companies continued to invest intensively in Serbia and in the first ten months they invested EUR 3.7 billion, which is about 8% more...

Sudden growth of Serbia’s budget deficit in September

In Serbia, the budget deficit rose sharply in September and amounted to EUR 383 million, after a deficit of EUR 52 million in August,...

Direct payment trafffic of Serbia and Montenegro coming soon

Technical preparations for joining the Central Bank of Montenegro and a commercial bank from Montenegro, which recently expressed interest in joining the International Clearing...

Loans to companies increased by 9.7 percent in the first three quarters

The loans granted by Erste Bank to the economy from January to September reached over one billion euros and are 9.7 percent higher than...
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