Raiffeisen Bank

Interior Minister Veselin Vuchkov has announced he had approved measures to step up security at bank offices where deposit holders will have access to their savings at Corporate Commercial Bank (Corpbank or KTB).

Thursday, December 4 is the first day of reimbursement, with deposit holders allowed to manage their assets over the next five years.

Bulgarian police has beefed up security measures relating to the upcoming repayment of state-guaranteed deposits with the collapsed Corporate Commercial Bank.

Bulgaria's Bank Deposit Insurance Fund has announced the names of the nine banks to be in charge of reimbursing deposits at Corporate Commercial Bank (Corpbank or KTB) from December 4.

After KTB has been under conservatorship since June 20, depositors are still waiting for access to their savings.

BELGRADE - A World Bank (WB) loan to support Serbia's budget could be granted in February or March 2015, and it will be discussed after the country's economy minister comes out with a plan for the 502 enterprises on the privatization list, World Bank Country Manager for Serbia Tony Verheijen has said.

BELGRADE - Serbia will meet the requirements set out by the mission of the International Monetary Fund (IMF), because it is good for the country, Serbia's Prime Minister Aleksandar Vucic said Thursday, adding his fears that reforming public enterprises would turn to be more difficult than he had expected.

Minister: Serbia close to deal with IMF

BELGRADE -- Minister of Finance Dušan Vujović said on Thursday that a draft budget for the next year will be put forward to the Serbian parliament by December 1.

He also announced that November 20 he will make public the result of the talks with the International Monetary Fund (IMF), which he expects to be successful.

BELGRADE - Minister of Finance Dusan Vujovic said on Thursday that a draft budget for the next year will be put forward to the Serbian parliament by December 1, and that on November 20 he will make public the result of the talks with the International Monetary Fund (IMF), which he expects to be successful.

BELGRADE - The National Bank of Serbia (NBS) has said in a release that the country’s banking sector reported a profit of RSD 8.1 billion, or about EUR 70 million, in the first quarter (Q1) of 2014, down 25 percent against a year earlier.

BELGRADE - Top five banks in Serbia recorded net gains of RSD 26.17 billion at the end of 2013, the National Bank of Serbia (NBS) released.

On the other hand, the latest NBS quarterly report on the banking sector shows that five banks which operated with least success at the end of 2013 recorded net losses of RSD 28.25 billion.

A subsidiary of Austrian Raiffeisen Bank International has said it will close all offices in Crimea by mid-April.

According to a statement of the bank, as cited by international news agencies and Sega daily, the last 6 of the total of 32 offices of the bank in Crimea will be closed by April 15.