Banks in Serbia and CEE asked ECB to increase financial aid to the region

Nine international banks that operate in central and east Europe have submitted the request to European Central Bank (ECB) to increase financial aid for that region.

The most responsible for the banks' joint request is Austrian Raiffeisen Bank. Aforementioned group of banks also includes Italian banks UniCredit and Intesa
Sanpaolo, Austrian Erste Bank, French Societe Generale Bank, Belgian KBC, German Bayern Landesbank and Greek EFG Eurobank.

According to "Financial Times", the banks are of the opinion that the funds for stimulation of liquidity and initiation of credit activities should not be granted exclusively to the new members of EU, but that they should also be offered to other countries, such as Serbia and Ukraine

The banks reacted after the European Commission announced the latest economy forecasts that anticipate reduction of EU's gross national product by 1.8% in 2009.

European Central Bank Germany - Evropska Centralna Banka

Raiffeisen banka a.d. Beograd

UniCredit Bank Srbija a.d. Beograd

Banca Intesa a.d. Beograd

BANCA INTESA S.p.A. MILANO

Erste Bank a.d. Novi Sad

ERSTE BANK-AUSTRIJA

OTP banka Srbija a.d. Novi Sad

Yettel Bank ad Beograd

Eurobank Direktna a.d. Beograd

Delegacija Evropske unije u Republici Srbiji Beograd

Bayern Landesbank