bank loan debt

Serbia’s bank loan debt reaches 3.8 trillion dinars, with legal entities leading the way

At the end of February, the total debt owed to banks by legal entities, entrepreneurs and individuals reached 3.816 trillion dinars, with legal entities accounting for the largest share at 2.091 trillion dinars, followed by individuals at 1.642 trillion dinars, according to the latest report from the Credit Bureau of the Association of Banks of Serbia (UBS). This represents an 11.7% increase in total debt compared to the previous year. As in previous years, individuals primarily owed the most through…