In Serbia, the license of Alta, one of the largest banks in the country, was revoked. Its owner is considered close to former president Aleksandar Vučić. The National Bank of Serbia (NBS) revoked the license of Alta, one of the country's largest banks. As stated in the announcement on the NBS website, the cancellation of the license was preceded by "control measures aimed at increasing the bank's level of liquidity". "It was determined that during the previous period there was a significant deterioration in the bank's financial condition, and there is also a possibility of further deterioration in its financial condition or liquidity. In this matter, the interests of the depositors in the bank were at risk," the CBS notes. Alta confirmed the opening of bankruptcy proceedings and suspended transactions and card transfers. As of 2025, the bank had 66,500 active customers, of which 10,000 were corporations. It is one of the most popular banks among Russian immigrants who moved to Serbia. Deposits in Alta are insured up to 50 thousand euros per customer. The deposit insurance agency promises to start making payments no later than a week. However, not all members of the NBS board agreed with the decision to revoke the license. Four deputy directors contacted the prosecutor's office to clarify the circumstances of the matter. On October 29, the leader of the Democratic Party of Serbia, Serdjan Milijevic, filed a complaint with the prosecutor's office against the head of the NBS, Djorgovanka Tabkovic. The reason for the investigation was a suspicious transaction worth 50 million euros related to Alta. According to Miliboevich, she illegally approved the conversion of dinars to euros without the usual procedure. He called on the prosecutor's office to immediately stop this transaction and prevent a possible withdrawal of funds abroad. Alta denies the allegations. Alta's owner is Davor Matzura, who is considered close to the leadership of the Serbian Progressive Party (SPP) and the country's former president Aleksandar Vucic.