“Banks should start investing in Serbia”

Maybe someone should tell this Mr. President that usually it's not banks that invest, but companies. Banks can give loans to companies and persons for investment, though.

A Serbian Development Bank is very much needed, but it must be state-owned.

A Serbian Development Bank sould be run in exactly the same way that private banks are run; it would have start-up capital and could issue loans many times greater than its start-up capital.

This start-up capital does not need to be money, it could be property. Land owned by the state could be put up as security. Land to the vale of a billion Euros could be assigned to the Development Bank and against this collateral it could make loans of 10-20 billion Euros. The Development Bank does not need to sell this land, it just needs it as collateral.

This is exactly how private banks work and it is a model that should be adopted by the Development Bank.

There should be regulations on the banking industry in general but on the local level, there should be either state or co-operative banks,credit unions,community develpment banks or state banks (see bank of North Dakota),as people,usually have more trust in these institutions to handle their money.

Maybe someone should tell this Mr. President that usually it's not banks that invest, but companies. Banks can give loans to companies and persons for investment, though.

A Serbian Development Bank is very much needed, but it must be state-owned.

A Serbian Development Bank sould be run in exactly the same way that private banks are run; it would have start-up capital and could issue loans many times greater than its start-up capital.

This start-up capital does not need to be money, it could be property. Land owned by the state could be put up as security. Land to the vale of a billion Euros could be assigned to the Development Bank and against this collateral it could make loans of 10-20 billion Euros. The Development Bank does not need to sell this land, it just needs it as collateral.

This is exactly how private banks work and it is a model that should be adopted by the Development Bank.

There should be regulations on the banking industry in general but on the local level, there should be either state or co-operative banks,credit unions,community develpment banks or state banks (see bank of North Dakota),as people,usually have more trust in these institutions to handle their money.