finance

Serbian Banks Expand Lending as Non-Performing Loans Fall to 1.98%

Serbia’s banking sector is recording faster credit growth while maintaining historically low levels of problem loans, with total domestic lending increasing 16.5% year on year. The expansion covered both corporate and household borrowing. At the same time, non-performing loans (NPLs) accounted for just 1.98% of total loans, the lowest recorded share. The combination of accelerating credit and subdued problem-loan levels gives banks room to expand financing while entering the new lending cycle from a comparatively strong asset-quality position. Domestic deposits…