Jorgovanka Tabakovic

Fluctuations of the dinar-to-euro exchange rate are expected for this time of year, says NBS Governor Jorgovanka Tabakovic.

The National Bank of Serbia (NBS) will do everything to maintain maximum stability of the exchange rate in 2016, she added.

The Serbian dinar (RSD) dropped by 0.7 percent against the euro (EUR) in December, and by 0.9 percent since the beginning of the year.

The National Bank of Serbia (NBS) sold EUR 440 million on the interbank foreign exchange market to defend the national currency, NBS Governor Jorgovanka Tabakovic has told state broadcaster RTS.

NBS Governor Jorgovanka Tabakovic has said that she expects interest rates on bank loans to be reduced.

According to her, this should happen "given that the central has recently cut the reference interest rate to five percent."

After the London Guardian warned that Serbia is one of the countries most threatened by the debt crisis, Serbian officials have dismissed the claims.

Aleksandar Vucic, the Prime Minister, said on July 15 that Serbia is far from bankruptcy, labelling the UK Guardian's claims as "stupidity".

Clients who have accounts in the four Greek banks operating in Serbia are "completely secure," the central bank (NBS) governor, Jorgovanka Tabakovic, has said.

According to her, this is true "since they are doing business in a regular way, are liquid and are paying all savers' deposits."

The percentage of uncollectible loans in Serbia is so high that it has literally blocked all credit activity, NBS Governor Jorgovanka Tabakovic said Wednesday.

Central bank advises citizens to opt for saving in dinars

BELGRADE -- Jorgovanka Tabakovic says the Serbian dinar (RSD) is now stronger, but that the central bank's task is to prevent major volatility of the exchange rate.

BELGRADE - National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic has said that the dinar has strengthened, but that it is the central bank's task to prevent major volatility in the exchange rate.

BELGRADE - Serbia's delegation headed by National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic will attend the spring session of the International Monetary Fund (IMF) and the World Bank Group, which will be held in Washington April 17-19, reads the statement issued by the NBS on Thursday.

BELGRADE - Serbia has a problem with a high share of non-performing loans - 22.5 percent of the entire loan portfolio, Governor of the National Bank of Serbia (NBS) Jorgovanka Tabakovic has said, pointing out that the NBS cannot be solving this problem alone, and needs support from the ministries and international financial institutions.