Chairman of the Executive Board of Hypo Alpe-Adria Bank in Serbia Vladimir Cupic stated Monday that he expected bankers to reach an agreement with the National Bank of Serbia (NBS) on easier repayment of loans in Swiss francs in a month or two.

- Some solution must be found for clients who took out loans in Swiss francs because the disturbed Franc/Euro ratio causes problems to both such clients and their banks - Cupic said in an interview for Beta news agency.

He stressed that Hypo Bank had approved 4,700 loans in Swiss francs, mainly home loans, which is about 29 percent of the total amount of loans granted by that bank to citizens.

- Few tens of clients experiencing a problem with the repayment of a loan in Swiss francs have turned to the Bank and we are now trying to help them. We allow rescheduling of these loans and convert them to euros for free, but some solution must be found on the level of the whole banking sector in order to facilitate servicing of obligations in Swiss francs - said Cupic.

According to his words, a solution can be a longer loan repayment period or a lower interest rate.

- In case of extension of the repayment period for a loan in Swiss francs, the central bank should not classify such lending as risky because it would increase the bank's mandatory reserves for such credits - Cupic pointed out and added that the central bank understood the need for helping clients and banks cut their expenses caused by an increase in the value of Swiss Franc.

According to Cupic, problems with the repayment of loans in Swiss francs would be easy to solve if Switzerland managed to efficiently lower the value of its national currency against Euro because its overestimated value also creates problems in the economy of that country.