What is happening around Alta Banca in Serbia? The situation surrounding Alta Bank caused serious concern among the bank's managers and customers. After reports of liquidity problems, the People's Bank of Serbia's decision to revoke its license and possible bankruptcy, many people found themselves uncertain about the fate of their savings. Against the background of media reports and public concern, it is important to understand what is happening, to separate the confirmed facts from the accusations, and to understand what the consequences may be for ordinary investors, including Russian citizens living in Serbia. A Serbian candidate, who asked to remain anonymous, gave us his opinion on the situation with the bank: let's explain to people what is happening around Alta Banka. Given that Informer still exists and continues to panic among the populace, here are the facts: On Friday, big players, i.e. ogres connected to the leadership of the Serbian Progressive Party (SNS), withdrew huge sums of money, thereby dumping the liquidity bank. Almost all the funds in the bank accounts were transferred to Moscow and Skopje. The People's Bank of Serbia on the night from Friday to Saturday, at 2 o'clock in the morning, makes an emergency decision to revoke the license from the bank. (And all this only after they were quiet and gave their heads to these huge transfers). Frightened citizens and depositors only learn about the situation on Saturday morning, line up in front of the bank and realize that there is no more money. Therefore, the bank's liquidity problems arose not because of panic among the population, but because of criminals who at the same time withdrew money and transferred it abroad. (According to Jorgovanka of the People's Bank of Serbia) The Deposit Insurance Agency of Serbia guarantees every deposit a refund of up to EUR 50,000.