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Serbia's central bank says financial system not threatened, amid concerns about state-owned Postal Savings Bank Serbia's National Bank says the dinar's exchange rate is stable and the financial system is not under threat. He says that he directly supervises the Post Bank every day, and that the bank fulfills all its obligations to customers. Pension and other state payments will be issued according to the schedule. The central bank says demand for foreign currency has increased, mainly from ordinary people. It uses its foreign exchange reserves, which it says are high, to keep the dinar stable. Serbian media reports of long lines outside banks as people withdraw their savings. The Student Movement of Serbia, whose student list won the last parliamentary election, says people close to the "outgoing regime" put pressure on the bank by suddenly withdrawing large sums of money after their election defeat. The students urged people to remain calm and rely on verified information. The allegations began on October 28, when Nemanja Krovitch, a candidate for the student list, said on the state broadcaster RTS that someone tried to withdraw about a billion dinars (about 8.5 million euros) from the bank. Vladan Ani Neshevašhahiitić, head of the banks' trade union, said the team stopped an attempted cash payment. The bank called the claim false and unfounded. It also rejected as irresponsible a claim by the politician Nemania Shrovitch that the bank was "finished". On October 31, the bank itself asked the central bank to closely monitor its liquidity, citing negative reports about it. Dejan Shuskic, the former governor of the central bank and now a candidate for the student list, called it a liquidity shock and said that the bank remains well capitalized. According to him, her condition is not comparable to Alta Banks. Alta Bank lost its license and is now in bankruptcy. Postal Savings Bank was chosen to pay insured deposits of high, up to 50,000 euros per customer.

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Serbia's central bank says financial system not threatened, amid concerns about state-owned Postal Savings Bank Serbia's National Bank says the dinar's exchange rate is stable and the financial system is not under threat. He says that he directly supervises the Post Bank every day, and that the bank fulfills all its obligations to customers. Pension and other state payments will be issued according to the schedule. The central bank says demand for foreign currency has increased, mainly from ordinary people. It uses its foreign exchange reserves, which it says are high, to keep the dinar stable. Serbian media reports of long lines outside banks as people withdraw their savings. The Student Movement of Serbia, whose student list won the last parliamentary election, says people close to the "outgoing regime" put pressure on the bank by suddenly withdrawing large sums of money after their election defeat. The students urged people to remain calm and rely on verified information. The allegations began on October 28, when Nemanja Krovitch, a candidate for the student list, said on the state broadcaster RTS that someone tried to withdraw about a billion dinars (about 8.5 million euros) from the bank. Vladan Ani Neshevašhahiitić, head of the banks' trade union, said the team stopped an attempted cash payment. The bank called the claim false and unfounded. It also rejected as irresponsible a claim by the politician Nemania Shrovitch that the bank was "finished". On October 31, the bank itself asked the central bank to closely monitor its liquidity, citing negative reports about it. Dejan Shuskic, the former governor of the central bank and now a candidate for the student list, called it a liquidity shock and said that the bank remains well capitalized. According to him, her condition is not comparable to Alta Banks. Alta Bank lost its license and is now in bankruptcy. Postal Savings Bank was chosen to pay insured deposits of high, up to 50,000 euros per customer.

Serbia's central bank says financial system not threatened, amid concerns about state-owned Postal Savings Bank Serbia's National Bank says the dinar's exchange rate is stable and the financial system is not under threat. He says that he directly supervises the Post Bank every day, and that the bank fulfills all its obligations to customers. Pension and other state payments will be issued according to the schedule. The central bank says demand for foreign currency has increased, mainly from ordinary people. It uses its foreign exchange reserves, which it says are high, to keep the dinar stable. Serbian media reports of long lines outside banks as people withdraw their savings. The Student Movement of Serbia, whose student list won the last parliamentary election, says people close to the "outgoing regime" put pressure on the bank by suddenly withdrawing large sums of money after their election defeat. The students urged people to remain calm and rely on verified information. The allegations began on October 28, when Nemanja Krovitch, a candidate for the student list, said on the state broadcaster RTS that someone tried to withdraw about a billion dinars (about 8.5 million euros) from the bank. Vladan Ani Neshevašhahiitić, head of the banks' trade union, said the team stopped an attempted cash payment. The bank called the claim false and unfounded. It also rejected as irresponsible a claim by the politician Nemania Shrovitch that the bank was "finished". On October 31, the bank itself asked the central bank to closely monitor its liquidity, citing negative reports about it. Dejan Shuskic, the former governor of the central bank and now a candidate for the student list, called it a liquidity shock and said that the bank remains well capitalized. According to him, her condition is not comparable to Alta Banks. Alta Bank lost its license and is now in bankruptcy. Postal Savings Bank was chosen to pay insured deposits of high, up to 50,000 euros per customer.

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