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April 11, 2003 - Friday |
Obligatory bank reserves will be reduced beginning Friday
NBS governor Mladjan Dinkic announced that obligatory bank reserves would be reduced beginning Friday from 23% to 22%. Reduction of obligatory bank reserves will free almost 1.2 billion dinars (€19 million) for new loans and investments in Serbia.
Mladjan Dinkic also announced that the draft law on National Insurance Corporation for Construction of Flats will be prepared.
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