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EUR 176 million in old savings paid out

22. July 2008. | 09:43

Source: B92

Serbia’s National Bank announced that EUR 176.2 million in old foreign exchange savings had been paid out from the beginning of the year to July 15.

Serbia’s National Bank announced that EUR 176.2 million in old foreign exchange savings had been paid out from the beginning of the year to July 15.

According to an NBS statement, the money was secured from the budget, and in the name of the Serbian bonds that were due, to which the demands of the foreign exchange savers had been changed to, EUR 175.8 million was paid out.

Since June 2000 a total of EUR 1.56 billion in foreign exchange savings has been paid out. Since the beginning of this year Serbia’s National Bank has also paid out bonds that were emitted  on the basis of loans for industrial development worth EUR 1 million.

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