Serbian Governor: Banking Sector Stable

People ♦ Published: February 20, 2014; 12:25 ♦ (Vindobona)

According to Tabakovic, governor of NBS, the Serbian banking sector was solvent and well-capitalized.

Serbian Governor: Banking Sector Stable / Picture: © Wikipedia / Medija centar Beograd

Jorgovanka Tabakovic, governor of the National Bank of Serbia (NBS), stressed that the banking industry in Serbia was in the black, well capitalized and capable of secturing the financial sector both of the economy and citizens.

All banks are solvent and there is considerable potential for credit growth which is currently lacking, mainly due to the lower demand for credit…