The National Bank of Serbia reported that Governor Jorgovanka Tabaković met Bank for International Settlements Director General Pablo Hernández de Cos in Basel on 25 November and set out an intention to deepen cooperation through research, joint projects and the practical exchange of experience. The update framed BIS engagement as a way to strengthen the quality of policy-making and the credibility a small, open economy can build. In discussing the domestic context, the Governor highlighted financial system stability, citing inflation within the target framework, the exchange rate as an anchor of overall economic stability, high bank capitalisation and liquidity, a record-low share of non-performing loans and rising dinarisation. The release also linked stability to longer-term, inclusive growth, investment, living standards and protecting vulnerable groups from the costs of high inflation.