Regulatory Alerts2023-11-14
Decision on Interest Rates Applied by the National Bank of Serbia in Implementation of Monetary Policy
The Executive Board of the National Bank of Serbia issued this Decision to establish the specific interest rates for monetary policy implementation, including charges on NBS lending and payments on bank deposits. The regulation defines rates for overnight loans, reserve deficiencies, and excess liquidity relative to the key policy rate, while introducing temporary adjustments to mitigate economic consequences of the COVID-19 pandemic. This Decision supersedes previous versions and took effect on 18 August 2019.
Share