credit agreement

Credit Expansion Signals Economic Growth in Serbia

The Serbian banking sector is witnessing a notable increase in borrowing by both businesses and households, despite a challenging monetary environment over the past two years. As of February 2026, the total loans extended by banks in Serbia reached approximately 4.418 trillion dinars, or about €37.7 billion. This marks a monthly growth of just over 1 percent, indicating a persistent upward trend in credit activity even after interest rates were normalized by the National Bank of Serbia. This growth in…