National Bank of Serbia

BELGRADE - In 2023, inflation was put on a sustainable downward path and will end the year at half of what it was at end-2022, the relative stability of the dinar against the euro was maintained while, at over 24.5 bln euros, gross FX reserves are record-high, the National Bank of Serbia (NBS) said on Thursday, recapping the results achieved this year.

BELGRADE - The IMF Executive Board decided on Thursday a second review of the results of Serbia's economic programme, supported by a stand-by arrangement, has been completed successfully, the National Bank of Serbia (NBS) said.

BELGRADE - The National Bank of Serbia (NBS) has decided to keep the countercyclical capital buffer (CCyB) rate for the Republic of Serbia at 0 pct and thus continues to support the lending market in an environment of tightened global financing conditions, the central bank has announced.

BELGRADE - Serbia is celebrating the 150th anniversary of the dinar as its national currency, a testimony to the stability and resilience of the national economy, the National Bank of Serbia (NBS) said in a statement.

BELGRADE - National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic and People's Bank of China Governor Pan Gongsheng signed a memorandum of understanding on establishment of a clearing arrangement and the designation of a clearing bank in Serbia for the Chinese yuan.

BELGRADE - National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic announced on Monday direct payment transactions between Serbia and Montenegro had been enabled for citizens as well as businesses.

BELGRADE - National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic says Serbia's banking sector is stable, highly liquid and profitable.

BELGRADE - National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic said on Wednesday Serbia had no plans to draw a second tranche of funds approved by the IMF as it did not need them, and announced a transition from a financial standby arrangement with the IMF to a precautionary one.

BELGRADE - The National Bank of Serbia (NBS) Executive Board decided on Thursday to keep the key policy rate on hold at 6.50 pct.

The rates on deposit (5.25 pct) and lending facilities (7.75 pct) also remained unchanged, the NBS said in a statement.

BELGRADE - Reputation and trust are earned only through results and we, as the National Bank of Serbia (NBS) and a country, have earned that through the results shown by the International Monetary Fund (IMF) during its second review from October 19 to 31, and we expect this to be confirmed by the IMF Executive Board on December 21, NBS Governor Jorgovanka Tabakovic said on Wednesday.