National Bank of Serbia ( The NBS has revoted Operation A license. LTA Bank in Belgrade owned by businessman Davor Macura, who reportedly has close ties to the Serbian Progressive Party ( President Aleksandar Vuciq’s SNS.

The decision was made Saturday by Serbia’s Central Bank Executive Board, following the findings of the bank’s significant worsening financial situation and the risk for depositors’ interests.

According to the NBS report, pre-developed raids aimed at improving the liquidity of the financial institution, but during them it has been noted that the financial situation had deteriorated significantly and that the risk of further deterioration existed.

For this reason, the Central Bank has estimated that legal conditions for revocation of the license have been met, aimed at protecting depositors and maintaining the stability of the financial system.

Meanwhile, the Deposit Insurance Agency is expected to be named bankruptcy manager by court decision. The NBS has announced that compensation of obtained deposits and access to customer funds will be allowed within seven days of work.

According to Central Bank data, ALTA Bank accounts have been blocked since October 30th 2026.

Suspects of transfer of 50m euros outside Serbia

Revocation of the license comes at a time when serious claims on large financial transactions and efforts to transfer money abroad have been raised against the ALTA Bank.

The president of the Democratic Party in Serbia, Srdan Milivojevic, has filed criminal charges, demanding urgent intervention to prevent a 50m-euro transfer from ALTA Banka towards a correspondent bank outside Serbia.

According to his claims, on October 27th the bank had filed a request for converting a large sum of money from dinars to euros, while the governor of the National Bank of Serbia had approved the move without attending, according to Milivojevic, the usual procedure and without providing the necessary reasoning.

He stresses that after the conversion, the transfer of 50m euros was also prepared to an account of ALTA Bank at a financial institution abroad.

There is enough reason to file a criminal indictment to urgently stop this, Milivojevic told reporters.

He has asked competent bodies to intervene to prevent transaction and investigate random circumstances.

Meanwhile, State Vice Prosecutor for Organised Crime Jasmina Milanovic-Ganiq has been notified of the claims, while, according to reports, measures have been taken to verify and identify responsible persons in case they are found violations.

Macedonian opposition raised concerns about transfer of money to Moscow

Developments About A The LTA Bank has also prompted reactions in northern Macedonia.

Social Democrat League official of Northern Macedonia ( The SDSM, Andrej Zhernovski, had earlier requested urgent answers from the prime minister and the central bank governor regarding information on the transfer of money from Serbia to Macedonia through ALTA Bank.

According to Beta agency, Zhernovski had raised concerns about whether Northern Macedonia was turning into a transit point for the transfer of money to Moscow.

Doubts increased following reports of unusual developments in financial activity of Group A companies LTA, including ALTA Pay.

The Serbian media news report that shortly before the announcement of the bank’s license revocation, A The LTA Pay had informed its partners that the payments would be carried out through accounts at two other banks, Postanska Stedionica and OTP.

The move was deemed unusual, since the company had previously conducted transactions through ALTA Bank.

Ties with state institutions, Milorad Dodik

ALTA Banka had established an important position in the Serbian financial sector, providing services for a number of major state-owned companies and institutions.

Among the customers mentioned in the reports are Elektroprivreda Srbije ( EPS, through which the payment of electricity bills is carried out, the Serbian Automobile Association and the Belgrade Parking Service.

According to reports, a number of companies had passed their payments from the State Post Savings Bank to ALTA Bank.

Reports of this financial institution also mention ties with Milorad Dodik, leader of the ruling SNSD in Republika Srpska.

According to published evidence, A The LTA Bank had extended a 22m-euro loan to Dodik, or more precisely to the Republika Srpska government, which was later paid in the account of Srdan Kljecanin Rufi.

Even the medium Érrenal was earlier reporting on links between Dodik and the directors of ALTA Bank, owned by businessman Davor Macura.

Source Layer: Dukeagini