EUR 668 million approved in subsidized liquidity loans to date

Serbia's finance ministry said on Wednesday that local liquidity-stricken companies had received over EUR 668 million in soft-term loans since the beginning of September as part of a policy push to encourage commercial banks to lend to the real sector.

Last week, the Serbian government allocated RSD 1.0 billion dinars ($11.7 million/EUR 8.9 million) from the state budget to subsidize the interest rates of commercial lenders in a bid to shore up the liquidity of local businesses.

The ministry said in a statement that new loans accounted for EUR 400 million of the disbursed funds, with refinancing loans adding up to EUR 188 million and export loans totalling EUR 80 million.

Among the commercial lenders participating in this program are the following: Komercijalna Banka, Banca Intesa, Raiffeisen, Societe Generale, Erste Bank, UniCredit Bank, Hypo Alpe Adria Bank, EFG, Cacanska Banka, Credy Banka, Volksbank, Marfin Bank, ProCredit Bank, Credit Agricole, Vojvodjanska Banka, Univerzal Banka, Findomestic Banka, OTP Bank, NLB Bank, Postal Savings Bank, AIK Banka, Piraeus, Opportunity and Alpha Bank.

Ministarstvo finansija Republike Srbije

Narodna banka Srbije Beograd

Banca Intesa a.d. Beograd

Vojvođanska banka a.d. Novi Sad

Raiffeisen banka a.d. Beograd

OTP banka Srbija a.d. Novi Sad

Erste Bank a.d. Novi Sad

UniCredit Bank Srbija a.d.

Addiko bank ad Beograd

Eurobank Direktna a.d. Beograd

Halkbank AD Beograd

Eurobank Direktna a.d. Beograd

Adriatic Bank a.d. Beograd

Naša AIK Banka a.d. Beograd

OTP banka Srbija a.d. Novi Sad

NLB Banka a.d. Beograd

3 Banka a.d. Novi Sad

JUBANKA A.D. BEOGRAD

Piraeus bank a.d. Beograd

Findomestic banka a.d. Beograd

RBA banka a.d. Novi Sad

ProCredit Bank a.d. Beograd

AIK Banka a.d. Beograd

Banka Poštanska štedionica a.d. Beograd

UBB Univerzal a.d. Beograd

liquidity loans

subsidized loans

loan

loans

NBS

Komercijalna Banka

Banca Intesa

Raiffeisen

Societe Generale

Erste Bank

UniCredit Bank

Hypo Alpe Adria Bank

EFG

Cacanska Banka

Credy Banka

Volksbank

Marfin Bank

ProCredit Bank

Credit Agricole

Vojvodjanska Banka

Univerzal Banka

Findomestic Banka

OTP Bank

NLB Bank

Postal Savings Bank

AIK Banka

Piraeus

Opportunity

Alpha Bank