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New banking law in Serbia aims to protect consumers from high interest rates and irresponsible practices

A proposed law in Serbia seeks to bring significant changes to the banking sector by ensuring better protection for financial service users. One of...

Experts predict major consolidation in Serbia’s banking sector

There are currently 20 banks operating in Serbia, but ongoing market trends suggest that consolidation will likely reduce this number significantly, potentially halving it,...

National Bank of Serbia’s new regulations: Impact on banks and financial services

The National Bank of Serbia (NBS) is set to implement changes to two crucial laws governing the banking sector, which are expected to strain...

Serbia’s banking sector: Record profits amidst high interest rates and market concentration

The situation in Serbia's banking sector is indeed notable, especially with the record profits and high concentration of financial assets. Here are some key...

Banking sector remains silent on proposed interest rate limits

The banking sector has been notably quiet in response to the recent announcement by Jorgovanka Tabaković, the re-elected governor of the National Bank of...

Battle for Addiko Bank: Strategic moves in a consolidating market

Vienna-based Addiko Bank recently announced a significant transaction involving Serbian company Diplomat Pay, which entered an agreement to conditionally purchase 1,340,207 shares (6.87% of...

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...

Commercial banks in Serbia thrive despite interest rate limitations: A look at 2023 profits

Despite the National Bank of Serbia's decision to limit interest rates on housing loans in September, commercial banks in Serbia still managed to achieve...
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