dinarisation

Dinarisation Gains Ground in Serbia as Household and Corporate Lending Shifts

Serbia’s financial system is gradually reducing its dependence on the euro, with the share of dinar-denominated loans and deposits increasing among households and businesses. Latest data from the National Bank of Serbia (NBS) show that the shift has become increasingly visible in lending, corporate deposits and household savings. The dinar share of household loans climbed from 35.1% in 2012 to 56.9% in August 2026. Across households and companies combined, dinar-denominated lending accounted for 40.6% of total loans. Dinar Deposits and…