state creditor

Poštanska štedionica Bank becomes key state creditor with loans exceeding 800 million euros

Poštanska štedionica (Postal Savings Bank) has become a key state creditor, lending over 800 million euros to the Serbian government and state-owned companies since this summer. The loans include financing for major infrastructure projects, such as the National Stadium and road construction, with the government acting as the guarantor for all these loans. A significant loan of 42 billion dinars (359 million euros) was signed in June for the construction of urban infrastructure and the National Stadium. This loan has…