Serbia
Yugoslav bank chief rejects Montenegrin proposal
YUGOSLAVIA - Yugoslav National (central) Bank (NBY) Governor Mladjan Dinkic said on Wednesday that the proposal by the Montenegrin central bank governor regarding payments operations with Serbia was a step backwards from the earlier NBY proposal for…
Yugoslavia to issue €4.1bn of bonds
YUGOSLAVIA - Yugoslavia is set to issue €4.1bn worth of bonds in early August as part of its domestic debt settlement, which could pave the way for the creation of a liquid debt market, a Yugoslav central bank official said.
Yugoslav c bank converts German marks into euros
YUGOSLAVIA - About 7.9 billion German marks have been converted into euros, Yugoslav National Bank Governor Mladjan Dinkic said on Thursday.
Yugoslavia readies forex law ahead of new IMF deal
YUGOSLAVIA - Yugoslavia said on Wednesday it would fully liberalise the exchange rate regime for its dinar currency and scrap floating ranges to help secure a new three-year loan from the International Monetary Fund (IMF).
Montenegro rejects any link with Yugoslav Nat bank
YUGOSLAVIA - The National Bank of Yugoslavia is not competent to represent Montenegro, officials of the tiny coastal republic have told representatives of the International Monetary Fund (IMF).
London Club offer 'unacceptable' to Dinkic
Yugoslav officials appear in no rush to reach a conclusion over a $2.2bn ( £1.6bn) debt rescheduling in negotiations with the London club of private creditors.
Yugoslavia outlines plans for euro swapover
YUGOSLAVIA - Yugoslavia's central bank said on 13 September it had ordered a euro equivalent of 540 million German marks from the Bundesbank in a first step to reshaping its forex reserves ahead of the launch of euro notes and coins.
Montenegro to introduce two-currency system
YUGOSLAVIA - The Montenegrin government will introduce a two-currency system in the republic, including the German mark and the euro, on January 1, 2002.
Dual currency system to be in place in Montenegro
YUGOSLAVIA - The Central Bank of Montenegro has drawn up a plan for the transition from the German mark to the euro, which will last from the beginning of the next year until June.
Yugoslav c bank gov says for ex reserves growing
YUGOSLOVIA - Yugoslav National Bank (NBJ) Governor Mladjan Dinkic has said a new banknote was expected by the end of September this year - of 1,000 dinars.
C Bank - Favoured firms made $bn in Milosevic era
YUGOSLAVIA - Yugoslav companies given special privileges during the rule of Slobodan Milosevic creamed off more than 8.3 billion German marks ($3.66 billion) in extra profits, the central bank said on 18 July.
First council members for Montenegran central bank
NEWS - the new central bank council for Montenego's fledgling monetary authority was appointed on 15 March by the Montenegrin assembly. It includes current deputy prime minister Ljubisa Krgovic.
Yugo cbank gets more control with new payment plan
Yugoslavia's central bank said on Feb 16, 2001 its proposal to re-establish foreign currency payments between Serbia and parts of Yugoslavia not using the dinar would allow it to regain control over money transfers countrywide. "Payments will be made…
Dinkic chides US for withholding data on Milosevic
A delegation of the Yugoslav National Bank returned from a recent visit to Washington with the impression that there could be snags in cooperation on an investigation into financial funds taken out of Yugoslavia during President Milosevic's regime,…
Yugoslav substitution of DM for euro in Dec 1 '01
The substitution of the DEM with the Euro in Yugoslavia will start on December 1, 2001, the National Bank of Yugoslavia said on Feb. 5, 2001. The European Central Bank and other credit institutions in the Euro zone will begin the supply with euros to…
Yugoslav banks' losses 10.4 bln German marks-cbank
Yugoslavia's central bank said on Feb. 2, 2001, the heavily-indebted banking sector had more than 10 billion German marks ($4.81 billion) in accumulated uncovered losses, the equivalent of some 40 percent of the country's gross domestic product. "Total…
Yugoslav central bank propose price liberalization
Yugoslav National Bank Governor Mladjan Dinkic said on Feb. 2, 2001, that the bank's team of experts had on Jan. 30 sent to the Serbian government a proposal for the planned liberalization of prices spread over the next three years to prevent "future…
Yugoslavia to issue few licences to foreign banks
Yugoslavia's central bank saidon Jan. 25 it would issue only a few licenses to foreign bankswhile others would have to buy into existing ones, as part ofefforts to turn around the massively indebted sector."The National Bank of Yugoslavia will issue a…
Yugoslavia an IMF member, to receive $100m-Dinkic
Yugoslavia will have $100m at its disposal on the basis of gold reserves, which Former Yugoslavia has in the Bank of International Settlements in Basel, Mladjan Dinkic, Yugoslav National Bank governor, announced this evening.
Yugo bank governor unveils new banknotes
Yugoslav National Bank governor Mladjan Dinkic unveils the newly designed Yugoslav banknote of 100 dinars during a presentation of the new Yugoslav paper money and coins in Belgrade.
Failure to reach agreement over ex-Yugo gold
The governors and vice-governors of central banks which emerged after the break-up of the former Yugoslav federation failed to reach an agreement on the distribution of gold and foreign currency reserves at the International Bank for Settlements in Basel…
Belgrade sees progress in dividing ex-Yugo gold
Yugoslavia said on Monday it hoped to quickly reach a deal with other members of the old six-member Balkan federation on dividing up gold assets held with the Bank of International Settlements.