Markets

Serbia’s Banking Sector Consolidates as Assets Reach €62.6 Billion Across 19 Lenders

Serbia’s banking sector has reduced the number of lenders while expanding substantially, with 19 banks now operating in a market whose net assets reached €62.63 billion in July 2026. The number of banks has fallen from 26 in 2019, while net banking assets increased from €34.73 billion over the same period. Loans and Deposits Expand Alongside Consolidation The reduction in the number of lenders has occurred alongside strong growth in banking activity. Gross loans reached €39.96 billion in July 2026,…