National Bank of Serbia

Old headquarters of National Bank of Serbia

The bank was originally established on 2 July 1884 as the Privileged National Bank of the Kingdom of Serbia. It was modeled after the National Bank of Belgium, considered at the time to be at the forefront of modern banking institutions.[5] The first governor of the bank was Aleksa Spasić. Following the First World War, the bank underwent several changes as the country expanded and eventually became Yugoslavia, whilst the bank was renamed the National Bank of Yugoslavia. It wasn't until 2006 that the last remnant of Yugoslavia disappeared and the bank returned to minting Serbian currency, and its original name, the National Bank of Serbia.

The National Bank of Serbia is independent and autonomous in carrying out its tasks laid down by the NBS Law and other laws, and is accountable for its work to the National Assembly of the Republic of Serbia. The primary objective of the NBS is to achieve and maintain price stability. Without prejudice to its primary objective, the NBS also contributes to maintaining and strengthening of the stability of the financial system.[3]

The National Bank of Serbia:

• determines and implements the monetary and foreign exchange policies
• manages foreign exchange reserves
• determines and implements, within its scope of authority, the activities and measures aimed at maintaining and strengthening the stability of the financial system
• issues banknotes and coins and manages cash circulation
• regulates, controls and promotes smooth performance of domestic and cross-border payment transactions, in accordance with law
• issues and revokes operating licenses, carries out prudential supervision of bank operations and performs other activities in accordance with the law governing banks
• performs other tasks within its scope of authority, in accordance with law[3]

Below is the list of the governors of the National Bank of Serbia since its re-establishment in 2003.

• Mlađan Dinkić (4 February 2003 – 22 July 2003)
• Kori Udovički (23 July 2003 – 25 February 2004)
• Radovan Jelašić (25 February 2004 – 28 July 2010)
• Dejan Šoškić (28 July 2010 – 6 August 2012)
• Jorgovanka Tabaković (6 August 2012 – present)

Current management of the bank includes:[4]

• Jorgovanka Tabaković, Governor
• Veselin Pješčić, Vice-Governor
• Diana Dragutinović, Vice-Governor
• Đorđe Jevtić, Director of the Administration for Supervision of Financial Institutions

• Serbian dinar
• List of governors of national banks of Serbia and Yugoslavia
• Banking in Serbia
• Insurance in Serbia
• List of banks in Serbia

Wikimedia Commons has media related to National Bank of Serbia.

• Official website