Serbia
Tabaković says Serbia’s macro-prudential policy is on a par with developed countries
National Bank of Serbia governor says central bank is keeping up with its developed economy peers during first press conference on financial stability report
Serbia cuts rate amid IMF call for action on debt overhang
National Bank of Serbia cuts rate for third straight month, as IMF warns dangers may lurk beneath robust overall debt position
IMF sees deflation threat to Western Balkan recovery
Special report on economic transition in Western Balkans identifies deflation spilling over from eurozone as risk to recovery in the region; most of the countries experiencing negative inflation
Serbian central bank sees inflation climbing to target in 2015
General manager Branko Hinić discusses latest forecasts at the launch of the National Bank of Serbia’s latest inflation report; attributes low inflation in 2014 to ‘temporary’ factors
Central bank expects Serbian FX market to stabilise
National Bank of Serbia reveals it sold €1.8 billion and bought €260 million at various points last year in an attempt to ‘ease short-term volatility’ in exchange rate
Serbian central bank cuts key rate with inflation stuck below target
National Bank of Serbia ‘trims’ key rate to 8% with inflation hovering around 2%; also lowers foreign exchange reserve requirements in an effort to get banks lending
Serbian central bank dismisses losses as ‘accounting measure’
National Bank of Serbia loses $462 million in 2013; attributes it to range of factors including falling gold prices and a new ‘corporate profit tax’ on non-profit organisations
Serbia central bank takes aim at food price volatility to bring inflation in line
Agricultural commodity price volatility accounted for more than two-thirds of headline inflation volatility in 2013, the central bank says, leading it to seek measures to combat it
Serbia's slowing dinarisation expects boost from subsidised loan programme
A programme offering cheap dinar-denominated loans to the corporate sector should see use of the national currency bounce back, Serbia's central bank hopes
Serbia lifts donation fees in ‘solidarity' with flood victims
National Bank of Serbia set to publish list of banks showing ‘solidarity' by not charging to process donations directed at helping those affected by severe flooding
Serbian ‘dinarisation’ showing mixed results
National Bank of Serbia’s attempts to encourage use of the domestic currency show mixed results as dinar deposits increase, but dinar loans fall
Serbian central bank sets up overdraft charge comparator
National Bank of Serbia extends comparison services to let consumers compare overdraft facility interest rates in bid to reduce bank charges across the board
Serbia completes ECB's 'most ambitious programme to date'
Three-year programme has prepared the National Bank of Serbia to take a lead role in negotiating the country's entry into the EU and the central bank's entry into the ESCB
Serbia's Đelić calls for central bank governor to quit politics
Former minister behind central bank independence in 2003 says current governor should not also hold political office; calls on EBRD to shepherd 'orphan' banks to safety as foreign owners retreat
ECB cut prompts record FX intervention in Serbia
Central bank expresses ‘firm and prudent’ resolve to lean against capital flows resulting from ECB rate cut, but eschews a fixed exchange rate
NPLs hold back Serbian banks as economic imbalances remain, says central bank
National Bank of Serbia financial stability report warns change in the behavioural pattern of European banks; says Fed taper could bridle domestic credit and economic growth in the medium term
Serbian director hints at possible easing in coming months
Head of National Bank of Serbia’s research department sees inflationary pressure easing and the Serbian economy returning to growth; says this may prompt cuts in the near future
Serbian vice-governor seeks bond market progress
Veselin Pješčić encourages development of the Serbian debt market through more products and wider activity
IMF mission calls for ‘urgent’ action on Serbian economy
Fact-finding mission calls on government to restore fiscal credibility and support growth; says steps need to be taken to strengthen National Bank of Serbia’s autonomy
IMF mission begins new talks with Serbia
Fact-finding mission focuses on macroeconomic outlook, fiscal situation and effects of changes to the central bank law; government reveals efforts to cut budget
National Bank of Serbia reports on ‘dinarisation’ strategy
Quarterly report gives overview of National Bank of Serbia’s efforts to encourage use of dinar; finds that local currency as a share of total lending and deposits fell in the second quarter
Outgoing Serbian vice-governor fearful over repercussions of law change
Bojan Marković voices concerns over long-term impact of changes to Serbia’s central bank law; says rushed passage of legislation and change in senior management could cause problems
Central banks make “record” gold purchases in Q2
World Gold Council says central banks bought 254.2 tonnes of gold in the first half of 2012; Kazakhstan, the Philippines, Ukraine and Guatemala among the countries that added to reserves
NBS management weakens as fourth council member quits
Kosta Josifidis resigns from the National Bank of Serbia’s Council of the Governor leaving just one member remaining; doubts continue over central bank’s future as politicisation fears mount