Serbia

Serbia's Jelasic: more e-payments competition

The National Bank of Serbia wants to strengthen competition in payment transactions by supporting non-bank institutions, such as mobile operators, said Radovan Jelasic, the governor of the central bank.

Big rate hike in Serbia

The National Bank of Serbia has raised its key policy rate to 15.25% from 14.5%. Radovan Jelasic, the governor of the central bank, said the move came in response to rising inflation, caused by growing salaries, record oil prices and political crisis.

Serbia's Jelasic praises SEPA

The Single Euro Payments Area (SEPA), a eurozone-wide payments initiative, is an excellent example of how technology can be used to facilitate development of the financial sector, said Radovan Jelasic, the governor of the National Bank of Serbia.

Jelasi on anniversary of central bank law

Radovan Jelasi, the governor of the National Bank of Serbia, hailed efforts of the founding fathers of the central bank who, he said, "understood the need for the young Serbian state to pursue the most advanced European standards."

Educating consumers pays, says Serbia's Jelasic

Financial institutions should be aware that it is in their best medium and long-term interest to make information about their products transparent, accessible and understandable, said Radovan Jelasic, the governor of the National Bank of Serbia.

Balkan central banks agree on regulation framework

The central banks of six Balkan countries and Cyprus on Friday have agreed on a framework of regional cooperation to improve banking supervision, streamline operations and help fight money laundering and the financing of terrorism.

Jelasi: Serbia's "big strides" towards EU

In a speech on 29 June Radovan Jelasi, governor of the National Bank of Serbia, said "Serbia is taking big strides towards the European Union, standard of living is improving and there are ample professional challenges around."

Jelasi on creating a stable economic environment

In the speech 'The National Bank of Serbia - creating a stable economic environment' given on 16 February Radovan Jelasi of the National Bank of Serbia said last year was a key year for Serbia, as it was finally recognized that monetary policy represents…

Serbia concerned on central bank independence

The governor of the National Bank of Serbia (NBS) has expressed concern that the independence of the central bank has been 'seriously compromised,' according to a report by the Financial Times on Monday 20 November.

Jelasic on the NBS accomplishing its objectives

In the speech 'The National Bank of Serbia accomplishing its objectives' given on 10 October Radovan Jelasic of the National Bank of Serbia said the National Bank's activities, as well its efforts on its own transformation, have shown and proven that the…

National Bank of Serbia - Annual Report 2005

According to the National Bank of Serbia's Annual Report 2005, the overall economic activity continued trending up in 2005, with higher-than-forecast inflation, partial reduction of high foreign trade and current account deficits.

Jelasic on the goals of National Bank of Serbia

In the speech 'Overall goals of the National Bank of Serbia' given on 10 July Radovan Jelasic of the National Bank of Serbia said more float and less management" has been emphasized and carried out by the National Bank since September last year.

Serbia's Jelasic says banks want to fight NBS

In a recent interview, Radovan Jelasic, governor of the National Bank of Serbia (NBS), says he would be very happy if the NBS did not have to make so many monetary policy decisions, because they are very costly.

National Bank of Serbia - Annual Report 2004

According to the National Bank of Serbia's Annual Report 2004, the main characteristics of the economic environment in 2004 were higher than forecast GDP growth of 7.5%, a widened current account deficit and higher than planned inflation rate of 13.7%.

NBS chief defends ex deputy

Serbian National Bank Governor Radovan Jelasic has told B92 TV that he does not want to believe that ex deputy governor Dejan Simic received bribes.

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