Serbia

Yugoslavia outlines plans for euro swapover

YUGOSLAVIA - Yugoslavia's central bank said on 13 September it had ordered a euro equivalent of 540 million German marks from the Bundesbank in a first step to reshaping its forex reserves ahead of the launch of euro notes and coins.

Yugo cbank gets more control with new payment plan

Yugoslavia's central bank said on Feb 16, 2001 its proposal to re-establish foreign currency payments between Serbia and parts of Yugoslavia not using the dinar would allow it to regain control over money transfers countrywide. "Payments will be made…

Dinkic chides US for withholding data on Milosevic

A delegation of the Yugoslav National Bank returned from a recent visit to Washington with the impression that there could be snags in cooperation on an investigation into financial funds taken out of Yugoslavia during President Milosevic's regime,…

Yugoslav substitution of DM for euro in Dec 1 '01

The substitution of the DEM with the Euro in Yugoslavia will start on December 1, 2001, the National Bank of Yugoslavia said on Feb. 5, 2001. The European Central Bank and other credit institutions in the Euro zone will begin the supply with euros to…

Yugoslav banks' losses 10.4 bln German marks-cbank

Yugoslavia's central bank said on Feb. 2, 2001, the heavily-indebted banking sector had more than 10 billion German marks ($4.81 billion) in accumulated uncovered losses, the equivalent of some 40 percent of the country's gross domestic product. "Total…

Yugoslav central bank propose price liberalization

Yugoslav National Bank Governor Mladjan Dinkic said on Feb. 2, 2001, that the bank's team of experts had on Jan. 30 sent to the Serbian government a proposal for the planned liberalization of prices spread over the next three years to prevent "future…

Yugoslavia to issue few licences to foreign banks

Yugoslavia's central bank saidon Jan. 25 it would issue only a few licenses to foreign bankswhile others would have to buy into existing ones, as part ofefforts to turn around the massively indebted sector."The National Bank of Yugoslavia will issue a…

Yugoslavia an IMF member, to receive $100m-Dinkic

Yugoslavia will have $100m at its disposal on the basis of gold reserves, which Former Yugoslavia has in the Bank of International Settlements in Basel, Mladjan Dinkic, Yugoslav National Bank governor, announced this evening.

Yugo bank governor unveils new banknotes

Yugoslav National Bank governor Mladjan Dinkic unveils the newly designed Yugoslav banknote of 100 dinars during a presentation of the new Yugoslav paper money and coins in Belgrade.

Failure to reach agreement over ex-Yugo gold

The governors and vice-governors of central banks which emerged after the break-up of the former Yugoslav federation failed to reach an agreement on the distribution of gold and foreign currency reserves at the International Bank for Settlements in Basel…

Yugoslav parliament appoints cbank deputy governor

Yugoslavia's parliament appointed a Montenegrin deputy central bank governor on Thursday, ending a row over the post that threatened to postpone Belgrade's return to the International Monetary Fund this month.

Montenegro rejects NBJ advances

The leaders of Montenegro's monetary authorities sent a message today to the new governor of the National Bank of Yugoslavia, Mladjan Dinkic, that he should not try to establish monetary sovereignty over Montenegro, because that is "neither theoretically…

Yugoslav Dinkic explains priorities to parliament

Mladjan Dinkic, the newly-appointed governor of the Yugoslavia's central bank, has told the Federal Assembly that one of the bank's top priorities will be the full convertibility of the dinar, which will eliminate the black foreign exchange market.

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