What Will Happen to Money in Banks

NBS states that the banking sector is stable, and insured deposits are protected up to 50,000 euros per depositor.

What Will Happen to Money in Banks

TL;DR

  • The Serbian banking sector is stable, well-capitalized, and highly liquid.
  • Insured deposits are protected up to 50,000 euros per depositor and will be paid out within the legal timeframe.
  • The revocation of Alta banka's license was to protect its depositors and creditors, not an indicator of systemic issues.
  • The National Bank of Serbia is committed to maintaining the stability of the dinar against the euro.
  • The NBS has sufficient resources, including high foreign exchange reserves, and will intervene in the foreign exchange market if necessary to preserve the dinar's stability.