National bank of Serbia and Association of Banks of Serbia signed agreement on cooperation

The Agreement on cooperation, which was signed by the Governor of the National Bank of Serbia, Radovan Jelašić, and the president of the Association of Banks of Serbia, Veroljub Dugalić, is the crown of former joint efforts invested in making Credit Bureau the unique database, thanks to which the risk the banks take will be reduced to minimum. Over 1.3 million reports about credit worthiness of physical persons who asked the banks for loan, which were issued by Credit Bureau during 14 months, made it possible for banks to insure the loan collectibility level of 96–98%.