The National Bank of Serbia published an update on the third Regional Panel of Banking Supervisors, held in Belgrade on 2–3 October 2025 to strengthen regional supervisory cooperation through exchange of experience and discussion of supervisory challenges. In opening remarks, Governor Jorgovanka Tabaković described Serbia’s banking sector as stable and able to support economic growth, citing adequate capitalisation, profitability and high liquidity reserves, and noting that the non-performing loan ratio fell to 2.21% at end-August 2025, which she characterised as a historic low. The governor linked sector performance to recent regulatory and consumer protection actions, including support for a state housing loan programme for young people that allows 1% client participation, amendments to the Law on Banks adopted in March 2025 that strengthened the National Bank of Serbia’s supervisory powers and introduced new corporate governance duties and covert controls, and a new Law on the Protection of Financial Services Users adopted in March 2025 that sets a comprehensive long-term framework for limiting interest rates on retail credit products. She also referenced supervisory expectations presented in August 2025 for banks to improve terms on dinar consumer and cash loans and housing loans for employees and pensioners with regular monthly income up to RSD 100,000, as well as a September 2025 decision requiring banks to apply reasonable measures to facilitate loan repayment when borrowers face hardship due to circumstances beyond their control. The panel brought together banking supervisors from the Banking Agency of Republika Srpska, the Banking Agency of the Federation of Bosnia and Herzegovina, the Central Bank of Montenegro and the National Bank of the Republic of North Macedonia. Discussions focused on licensing of bank management body members, supervisory assessment of bank operations, direct on-site inspections, and the development of supervision and regulation in a dynamic and uncertain environment.
National Bank of Serbia 2025-10-03
National Bank of Serbia hosts third Regional Panel of Banking Supervisors and outlines recent bank governance and retail borrower measures
The National Bank of Serbia hosted the third Regional Panel of Banking Supervisors in Belgrade to enhance regional supervisory cooperation. Governor Jorgovanka Tabaković highlighted Serbia's stable banking sector, citing low non-performing loan ratios and recent regulatory measures, including strengthened supervisory powers and consumer protection laws. Discussions included licensing, supervisory assessments, and adapting to a dynamic regulatory environment.