The Central Bank of Kosovo (CBK) said that the Serbian Postal Savings Bank did not have a Kosovo banking license and that the operation of financial institutions without licenses is “illegal and unpermitted.”
The Kosovo Police on Monday closed six “illegal units” of the Serbian Postal Savings Bank in the north of Kosovo, and seized a large amount of euros and dinars.
The CBK told Telegrafi.com that only those authorized by the CBK can engage in banking activities.
It said in a statement that one of its duties is to regulate, license, and supervise financial…