Serbia

Yugoslav, Greek national banks sign agreement

National Bank of Yugoslavia (NBY) and National Bank of Greece governors Mladjan Dinkic and Nicholas Garganas on 27 December signed an agreement on bilateral cooperation, including data exchange on business operations and bank control.

Serb payment reform to prompt new bank mergers

Yugoslavia will shift responsibility for payment systems in January 2003 to commercial banks and away from the state controlled central bank. The move towards a more competitive payment systems market is likely to prove a testing time for Serbia and…

Yugoslav bank chief rejects Montenegro's proposals

YUGOSLAVIA - Yugoslav National Bank Governor Mladjan Dinkic said Friday that in defining a payment operations' system with Serbia, Montenegro is insisting on solutions that are without parallel anywhere in the world, adding that Serbia will not accept…

Yugoslav bank governor accuses Serbian PM

YUGOSLAVIA - Belgrade: "I consider the kind of statement made by [Serbian] Prime Minister [Zoran] Djindjic in respect of a change of the dinar exchange rate to be irresponsible and incompetent, Governor of the National Bank of Yugoslavia [NBJ] Mladjan…

Yugoslav c banker expects 15% inflation this year

YUGOSLAVIA - Following the rise in petrol prices, the 2002 inflation will not exceed 15 per cent and will amount to about nine per cent in 2003, which is why Yugoslav National Bank (NBJ) will lower the obligatory bank reserves rate, Yugoslav National…

Yugoslavian Dinkic spoke at Finance Fair on Monday

YUGOSLAVIA - International Finance Fair Finmar, gathering bankers, brokers, auditors, consultants, insurance and other companies, opened today in Novi Sad. Governor of the Central Bank of Yugoslavia Mladjan Dinkic said at today's opening that Yugoslavia…

Balkans pact on division of gold

YUGOSLAVIA - Yugoslavia and four former Yugoslav republics have agreed to divide $87m (£55m) worth of gold left over from the Yugoslav federation, a Bosnian government spokesman said yesterday.

Yugoslavia sees monetary stability behind reform

YUGOSLAVIA - Addressing Nis University School of Economy students late on Tuesday, National Bank of Yugoslavia (NBY) Governor Mladjan Dinkic presented the results of his two-year work, stressing that the achieved monetary stability was one of the most…

Yugoslav bank chief says citizens want reforms

YUGOSLAVIA - People who brought about changes in Serbia on 5 October 2000 still have a majority in Serbia; generally, this is good news for reforms, Mladjan Dinkic, governor of the National Bank of Yugoslavia (NBJ), stated Tuesday.

Yugoslav central bank rejects devaluation talk

YUGOSLAVIA - Yugoslav National Bank governor Mladjan Dinkic on Thursday rejected all speculation about the devaluation of the national currency, the dinar, saying that it "will remain stable over the next 10 years until it is replaced by the euro after…

Yugoslav bank chief rejects Montenegrin proposal

YUGOSLAVIA - Yugoslav National (central) Bank (NBY) Governor Mladjan Dinkic said on Wednesday that the proposal by the Montenegrin central bank governor regarding payments operations with Serbia was a step backwards from the earlier NBY proposal for…

Yugoslavia to issue €4.1bn of bonds

YUGOSLAVIA - Yugoslavia is set to issue €4.1bn worth of bonds in early August as part of its domestic debt settlement, which could pave the way for the creation of a liquid debt market, a Yugoslav central bank official said.

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