Governor of the NBS: Foreign Investments in Serbia Are Growing, Reaching 4.46 Billion Euros by the End of November

Foreign direct investments in Serbia continue to grow, and by the end of November, they amounted to 4.46 billion euros, stated the Governor of the National Bank of Serbia (NBS), Jorgovanka Tabakovic, at the opening of the second Banking Summit.

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05.12.2024. 14:05

Governor of the NBS: Foreign Investments in Serbia Are Growing, Reaching 4.46 Billion Euros by the End of November

She emphasized that financial stability, economic growth, and the stability of the dinar exchange rate against the euro have been maintained in Serbia, adding that the NBS will continue to work in the public interest and that stability has no alternative.

"In May, we brought inflation within the targeted range of 3.0 percent, plus or minus 1.5 percent. In June, we began easing monetary policy measures, and the reference interest rate was reduced three times," she said.

She particularly highlighted the reduction in the level of non-performing loans, which stood at 2.7 percent in August, and that the share of non-performing loans in housing loans dropped to 1.46 percent.

Tabakovic also mentioned that four extremely important laws, crucial for financial service users, the banking industry, and the entire system, will soon be discussed in the Serbian Parliament.

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