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Corporate Lending Trends in Serbia Reflect Cautious Borrowing Behavior

Recent trends in corporate lending in Serbia indicate a notable shift towards liquidity-focused borrowing as companies adapt to a changing economic landscape. Data from the National Bank of Serbia reveals that while overall business lending continues to grow, reaching an increase of approximately 7-8% year-on-year, the underlying composition of this growth is becoming increasingly significant. The primary drivers of new corporate borrowing are liquidity and working capital loans, which have outpaced traditional long-term financing options. Reports indicate that during the…

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