Preserving financial stability in the midst of financial crisis

Central banks and governments have taken a number of measures to prevent or at least ease the effects of the world financial crisis on the stability of their national financial systems.

The National Bank of Serbia is no exception in this respect, especially considering the fact that preserving financial stability is one of its legally mandated objectives. In addition to its year-long conduct of conservative prudential and monetary policies, the NBS has from the very beginning of financial turmoil kept a close eye on movements in the global financial market and articulated, in accordance with its legal powers, a timely and adequate prudential and regulatory response to the challenges that financial institutions may face in the event of a crisis spill-over.

This page gives a detailed overview of measures and actions taken by the NBS in order to ease the effects of the global financial meltdown and preserve the country’s financial stability since October 2008 to date.