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7 clusters · 189 sources · 5 days · First seen · Last updated

Alta Banka crisis: License revocation and regional impact

Overview

The banking crisis involving Alta Banka has intensified in Serbia, North Macedonia, and Montenegro. In Serbia, the National Bank of Serbia (NBS) revoked the operating license of Belgrade-based Alta Banka a.d. Beograd due to undercapitalization, illiquidity, and a rapid deterioration in financial condition. The bank has entered insolvency proceedings under the management of the Deposit Insurance Organization (AOD), all payments have been suspended, and its accounts have been blocked. Deposits for individuals, entrepreneurs, and micro, small, and medium-sized enterprises are protected up to 50,000 euros per depositor. The revocation follows reports of significant capital outflows. Attorney Ivan Ninić has alleged an intensive and accelerated transfer of funds to accounts and legal entities in Moscow and Skopje, requesting an extraordinary audit. Amidst the transition of power following the October 25 elections, the Studentska Lista has called for increased oversight of cross-border financial transactions to prevent capital flight during the government formation period.

In North Macedonia, the National Bank placed Alta Banka Bitola under temporary administration to protect assets. Governor Trajko Slaveski reported that approximately 2 million euros were withdrawn via cash and transfers in the two days preceding the intervention. To manage liquidity, the central bank imposed a weekly limit of 10,000 denars on card payments for individuals, though internal transfers remain unrestricted. Slaveski emphasized that the Bitola branch remains highly capitalized and liquid, noting the administration is a preventive measure due to the Serbian parent company and may last up to three months.

In Montenegro, the Central Bank of Montenegro (CBCG) revoked the license of the payment institution Alta Pay Group DOO Podgorica. The CBCG determined the company no longer meets legal requirements regarding the suitability of qualified shareholders and the need for stable, secure operations.

Entities

National Bank of Serbia · Alta Banka · Deposit Insurance Agency · Central Bank of Montenegro · Alta Banka AD Belgrade

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [BUSINESS] 19 sources
    Central Bank of Montenegro revokes Alta Pay Group license

    The Central Bank of Montenegro has revoked Alta Pay Group's license for failing to meet regulatory requirements, stating the move poses no risk to the country's financial stability.

  2. [BUSINESS] 48 sources
    North Macedonia central bank imposes administration on Alta Bank Bitola

    North Macedonia's central bank has placed Alta Banka AD Bitola under temporary administration and imposed a 10,000 denar weekly withdrawal limit for individuals following regulatory actions against its Serbian-

  3. [BUSINESS] 9 sources
    Alta Banka license revoked by National Bank of Serbia

    The National Bank of Serbia has revoked Alta Banka's license due to liquidity risks. Deposits up to 50,000 euros are insured, while the bank enters insolvency management.

  4. [BUSINESS] 2 sources
    Alta Bank Serbia case draws comparisons to Eurostandard Bank

    Alta Bank Serbia, once Jubmes Bank, has grown to hold 2.9% of the Serbian market, drawing comparisons to the historical case of Macedonia's Eurostandard Bank.

  5. [BUSINESS] 7 sources
    Alta Banka: Deposit insurance payouts to begin following license revocation

    Following the revocation of Alta Banka's license, the Deposit Insurance Agency will begin paying out insured deposits up to 50,000 euros within seven working days of the bank's formal bankruptcy filing.

  6. [BUSINESS] 169 sources
    Alta Bank license revoked by National Bank of Serbia

    The National Bank of Serbia revoked Alta Bank's license due to liquidity risks. The Agency for Deposit Insurance will manage bankruptcy and payouts for deposits up to 50,000 euros.

  7. [BUSINESS] 2 sources
    NLB Bank and Stopanska Banka report mixed results for first nine months of 2026

    NLB Bank saw a 1% net profit increase while Stopanska Banka Skopje's pre-tax profit fell by 18% in the first nine months of 2026, driven by changing interest rates and credit trends.

Sources

072info.com · 24-ore.com · 24sata.hr · 360stepeni.mk · 6yka.com · aktuelno.me · albeu.com · alfa.mk · almakos.com · asilhaber.net · athina984.gr · banjaluka.net · beraneonline.me · beta.rs · bezbrige.com · bigportal.ba · bizlife.rs · biznis.ba · biznis.kurir.rs · biznis.rs · biznis.telegraf.rs · bizniscg.me · biznisinfo.ba · biznisinfo.mk · biznismagazin.rs · bl-portal.com · borskenarodne.com · bosnainfo.ba · brif.mk · businessdaily.gr · capital.ba · centar.mk · dan.co.me · danas.rs · delo.si · denar.mk · denesen.mk · denesmagazin.mk · depo.ba · diario4v.com · dnevno.hr · dukagjini.com · efsyn.gr · eldiario.com · epokaere.com · espreso.co.rs · etv.me · expres.mk

This summary has been updated 38 times: see revision history