Sale of bad debts worth EUR 240 million

In the next ten or so days, the Deposit Insurance Agency will come out with the first public call for the sale of doubtful and bad debts in the amount of EUR 240 million, Finance Minister Sinisa Mali announced.

– After 18 years, we are making a big step towards having these old debts sold. The state will earn something, and on the other hand, all collateral and security instruments – buildings, equipment, land, will be reintegrated into the economy, in order for them to be activated and to contribute to the further growth of our economy – Mali told Tanjug.

The minister added that there were around 700 to 800 million euros of old, doubtful and bad debts at the Deposit Insurance Agency and that one lot would be sold the next year as well.

– This is a small step forward, but it is a big thing and an indication that the state wants to resolve these old issues which are slowing down the economy, so that we would accelerate the growth rate and reduce the unemployment – Mali said.

Ministarstvo finansija Republike Srbije

Agencija za osiguranje depozita Beograd

bad debts

sale of bad debts

Sinisa Mali