VUJOVIC: Government prepared rehabilitation program for Srpska banka

Source: Tanjug Thursday, 13.11.2014. 14:01
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(Dusan Vujovic) The Minister of finance, Dusan Vujovic, has said today that the government made a decision which governs rehabilitation program of Srpska banka, with minimal costs.

- Serbian bank has been a bank which was funding special industry and we made a decision after considering the situation for a long time, that the bank keeps this part of the function and that the bank carries out only that function – Vujovic said at 10th economic conference of Raiffeisen bank.

He added the clients of the bank do not have a reason to wory.

Vujovic said the state will not have mercy when it comes to bad working capital and that “it is impossible that sterile works of EUR 40 m cannot be security asset”, and that the state will not sympathize with the banks.

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