National Bank

"12 public companies subject of talks with IMF"

BELGRADE -- Finance Minister Dušan Vujović has said that Serbia is discussing with the IMF a program that for the first time includes 12 public companies.

"All criteria will be set that will have to be adhered to, one of them being salary cuts," he said of the companies in question.

BELGRADE - Finance Minister Dusan Vujovic has said that Serbia is discussing with the International Monetary Fund (IMF) a program that for the first time includes 12 public companies for which all criteria will be set that will have to be adhered to, one of them being salary cuts.

BELGRADE - Official talks between a delegation of Serbia, led by National Bank (NBS) Governor Jorgovanka Tabakovic and Minister of Finance Dusan Vujovic, and of the IMF, led by Zuzana Murgasova, started at the NBS on Tuesday.

BELGRADE - Official talks between a delegation of Serbia, led by National Bank (NBS) Governor Jorgovanka Tabakovic and Minister of Finance Dusan Vujovic, and of the IMF, led by Zuzana Murgasova, started at the NBS on Tuesday.

By Yiannis Papadoyiannis

The chairman of National Bank of Greece warned on Thursday that political, economic and geopolitical risks pose a threat to the country’s recovery.

The Greek bourse tested the waters above the benchmark’s 1,000-point mark on Wednesday for the first time in a week, and decided to stay below the psychologically key level with marginal losses for most indices, albeit with a satisfactory trading volume.

Greece's biggest lender by assets National Bank said on Wednesday its Turkish unit Finansbank has submitted a plan to capital market authorities to raise up to 715 million Turkish lira (318.91 million US dollar) via an issue of new shares.
NBG aims to red... ...

Greek Finance Minister Gikas Hardouvelis said in an interview published on Saturday he did not expect the European Central Bank's health checks to show major surprises for Greek banks.

Violent swings on financial markets in the past week have deepened investors' anxiety about what Europe's review of the health of its banks will reveal later this month.

The current and capital account recorded a surplus of EUR 476.4M in August 2014, compared to a surplus of EUR 931.3M in August 2013, according to data, provided by Bulgaria's National Bank.

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BELGRADE - The Serbian government efforts focused on the modernisation of the economy and society have to be raised, and a new arrangement with the IMF would help gain trust from investors for new ventures in Serbia, President of the Board of Directors of Societe Generale Srbija Goran Pitic has said.