Serbia

Serb central bank upbeat on IMF warning

Radovan Jelasic, governor of Serbia's central bank, predicted on Tuesday 16 August that the government would react positively to warnings from the International Monetary Fund that its loan arrangement was in jeopardy.

Serbia's Jelasic on the anniversary of the NBS

In the speech '121-year anniversary of the National Bank of Serbia' given on 16 March Radovan Jelasic of the National Bank of Serbia said the NBS does not need either IMF or the World Bank to "propel" it, as these institutions are real partners rather…

ECB offers technical cooperation to NBS

A delegation from the European Central Bank (ECB), headed by Pierre Van der Hagen, held talks with Governor Radovan Jelasic at the National Bank of Serbia (NBS) on Thursday 18 November and offered technical cooperation, Tanjug News Agency said.

HP and CMA to deliver payment system to Montenegro

HP and CMA Small Systems AB announced on Friday 6 August that they will provide the Central Bank of Montenegro with a new automated inter-banking payment system, supporting Montenegro's economic momentum-building efforts.

Bosnia & Serb cbs sign memorandum of understanding

National Bank of Serbia (NBS) Governor Radovan Jelasic on Wednesday 21 July in Banja Luka signed a memorandum of understanding and cooperation in the field of regulation of banking operations with Central Bank of Bosnia and Herzegovina CBBH) Governor…

Serbia replaces central bank chief

Serbia's parliament sacked national bank governor Kori Udovicki on Wednesday 25 February in a 129-109 vote following allegations that the vote electing her to the post was rigged. Radovan Jelasic was later voted in to replace Udovicki.

Udovicki's future at NBS still in balance

The Serbian Parliament began a debate on proposed changes to legislation on presidential elections on Thursday (19 Feb). Parliament completed debate on the appointment of the National Bank governor but has yet to put it to a vote.

Serbia to discuss NBS governor election procedure

The ruling Democratic Opposition of Serbia (DOS) council agreed on Friday 10 October, according to the Tanjug news agency, that consideration of the National Bank of Serbia's annual report should include an examination of the procedural issues which were…

IMF welcomes Serbia-Montenegro's economic policy

An IMF mission led by Emmanuel Zervoudakis, has held talks with a Serbia-Montenegrin delegation, headed by NBS Governor Kori Udovicki. In a statement reported on the Serbian Government's website, the IMF said the National Bank of Serbia has increased…

Serbian National Bank loan to boost govt budget

Bozidar Djelic, Serbian finance minister, today announced in an interview with the Belgrade financial daily Pregled that the government will take out a loan with the Serbian National Bank in September to boost the budget reports B92. The announcements…

Interview- National Bank of Serbia's Kori Udovicki

In an interview with the Financial Times. the newly appointed governor of the National Bank of Serbia, Kori Udovicki, said she would resist pressure from the government, if it came, to invest the central bank's foreign exchange reserves. She intends to…

New Serbian governor asserts independence

Did the Serbian government give Mladjan Dinkic the boot because of his questionable running of the central bank? If so, his successor won't last long. Energy minister Kori Udovicki who has been chosen to take his place told the Financial Times, "I will…

Another one for the ladies

CentralBankNet notes that Udovicki's appointment pushes the number of the world's lady central bank governors a little more comfortably into double figures, now numbering a still rather paltry eleven. She joins Bodil Nyboe Andersen as Europe's only other…

Serbia's central bank governor braves crossfire

In an interview with the Financial Times at the weekend Kori Udovicki, the recently appointed governor of the Serbian national bank pledged to carry on former governor Mladjan Dinkic's "strict monetary policy" and "just as strict, if not stricter,…

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