Regulatory Update — Serbia: the key risks and mitigating measures in the banking sector, the Vienna Initiative and more
By Darko Jovanovic There are 30 banks in Serbia, of which six are state owned (wholly or partially) and 21 are foreign owned. Banking assets in Serbia are 75 per cent owned by ultimately foreign banks, of which 71 per cent are owned by EU-based banking groups. The top 10 banks hold 73.2 per cent […]