A kind of debt epidemic is happening in Serbia. Citizens have taken the most loans in dinars, among which cash loans are leading, since 2008, when there was a global economic crisis.
TD Bank pleaded guilty to inadequate monitoring of suspicious transactions, which allowed drug cartels to operate unhindered. As a result, the bank will pay a fine of three billion dollars and face major consequences for its reputation
A citizen of Serbia swipes his card to pay an average of 102 times a year. Cash still dominates retail, but that could soon reverse. And cards have one big drawback - they take our money more easily
Retired residents of Serbia pay a significantly higher interest rate on loans than those who are employed, even almost three times
The National Bank of Serbia limited the interest on housing loans to 15 euros for 200.000 months.
The loans, which Jugobanka gave to the "Dr. Simo Milošević" Institute in Igalo forty years ago, have to be paid by Montenegro by the court's decision - about seven and a half million euros
Bank Prva republika lost 100 billion dollars in the first quarter of the year. Following the example of the Swiss UBS that was taken over by Credit Suisse, the majority of the First Republic will be bought by JP Morgan
For the first time since the return of the Soviet Union, the Swiss bank revealed what exactly happened at "minute to 12". The account holders, seeing what happened in the USA with two banks, took the money faster and faster and thus directly sponsored the collapse of the bank.
