household borrowing

Household Debt in Serbia Approaches €17 Billion Amid Contained Risks

The latest figures indicate that Serbian households have accumulated debt totaling approximately €17 billion, raising public concern regarding financial stability. However, an analysis of the banking sector's structure reveals a more complex situation. Data shows that households in Serbia owe banks around 1,973 billion dinars, which translates to roughly €16.8 to €17 billion. This represents a moderate year-on-year increase of about 1.2%. While the nominal amount appears significant, it remains relatively low in macroeconomic terms. Total household debt is estimated…