According to the preliminary results for late December last year, non-performing loans (NPLs) in the banking sector totalled RSD 426 billion or nearly EUR 3.5 billion, Director of the Administration for Supervision of Financial Institutions Djordje Jevtic said on Tuesday.

In a panel at the Kopaonik Business Forum, it was said that in Serbia NPLs accounted for around 22 percent of the total number of loans.

There has been a slow recovery in borrowing activity, more among citizens than among businesses, he said.

“As a regulator, we would like to boost borrowing activity, but with much caution, so that this does not stir another surge in NPLs,“ Jevtic said.

 

Source: Tanjug

Tags

Djordje JevticKopaonik Business Forum



Plan your visit

Everything you need to plan your perfect trip.
Where to Stay
Where to Stay
Find the right place for your stay.
Discover places to stay
Where to Eat
Where to Eat
Discover places worth tasting.
Discover where to eat
Travel Essentials
Travel Essentials
Everything you need for an easy trip.
Discover
Tours
Tours
Explore Serbia with local guides.
Discover Tours

Comments are closed.

Related Articles