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Serbia’s total loans rise 1.2% in August, household and business lending increases

At the end of August, total loans to businesses, citizens, and entrepreneurs in Serbia reached approximately RSD 4.113 trillion, marking a 1.2% increase compared to July, according to the Serbian Banking Association. Loans to businesses totaled around RSD 2.221 trillion, rising 1.1% from the previous month, while loans to entrepreneurs increased by 0.7%, reaching approximately RSD 90 billion. Household debt to banks stood at RSD 1.802 trillion, up 1.2% from July. Among household loans, cash loans grew by 1.4%, mortgages…

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