At a round table debate, organised by the Banker magazine, Ciric recalled that RSD 77 billion will be earmarked in this respect, RSD 8 billion of which will be set aside from the state budget for the subsidy of interest rates.
According to Ciric, Serbian citizens and businesspeople will be able to apply for loans from February 23 and about 20 banks are to sign a loan agreement by February 22.
Vice Governor of the National Bank of Serbia Mira Eric-Jovic said that it is up to banks to estimate their own credit supply and placement risk if they decide to enter the programme.
Bank representatives pointed to high liquidity of the Serbian banking sector, which has enough funds for the provision of loans to citizens and businesspeople. The only question is whether there are enough people able to apply for this programme.