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Eurobank is the general sponsor

22 October 2018.

EUROBANK TRADITIONALLY SPONSOR OF THE ECONOMIC SUMMIT OF THE REPUBLIC OF SERBIA

Eurobank is the general sponsor
For the 14th consecutive time Eurobank is the general sponsor of the Economic Summit of the Republic of Serbia, which will take place on 22 and 23 October in Belgrade. This year’s Summit will centre on topics of achieving inclusive growth, as well as the challenges facing Serbia and the region, the importance of fiscal consolidation for sustainable development, the possibility of the Fourth Industrial Revolution, the fight against poverty, and energy efficiency issues.

The Summit participants include representatives of the Government of the Republic of Serbia, international and national financial institutions, diplomatic missions, and prominent businessmen. Serbian Deputy Prime Minister and Minister of Foreign Affairs Ivica Dačić delivered the opening address, after which the attendees were addressed by the member of the Executive Board of Eurobank, Milan Vićentić. He pointed out that the first three months of 2018 saw the banking sector turn a net profit before tax of 17.6 billion dinars, which is close to the previous year's first quarter figure and an indicator of the system’s stability. He also noted that Eurobank’s support to the economy this year significantly exceeds the economic growth.

“Speaking for Eurobank, I can say that — in line with our commitment to long-term business in the Serbian market — we want to further support new projects that will boost the Serbian economy. Our corporate portfolio is expected to grow by more than 10% this year. This is supported by the fact that as of September our financing of business entities is growing and that we are placed among the top seven most active banks in the market,” Vićentić said.

At this year's Economic Summit, Eurobank’s Board of Directors member Prof. Ivan Vujačić was moderating the panel “European Union: A Clash of Visions”. In addition to representatives of European institutions and non-government organisations, the Ambassador of Great Britain to Serbia Denis Keefe took part in the panel.

The Economic Summit of the Republic of Serbia takes place every year in Belgrade since 2001 and draws together hundreds of participants, including representatives of political and economic institutions in Serbia and the region, as well as key decision makers, business leaders, and experts. The event is an opportunity to create an annual overview of Serbia's political, economic, and business progress.

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