non-performing loans

Serbia records historic low in non-performing loans

Governor of the National Bank of Serbia (NBS), Jorgovanka Tabaković, announced that Serbia has reached a historic low in non-performing loans. Problematic loans now account for just 2.7% of corporate lending and 1.17% of household loans. Tabaković highlighted that responsible borrowers continue to repay their loans and benefit from the country’s financial stability. She also noted that from October 15, a new regulation will require banks to report to the NBS on measures taken to assist borrowers facing financial difficulties,…