Regulatory Alerts2023-09-18
Decision on Temporary Measures for Banks Relating to Natural Persons’ Housing Loans
The National Bank of Serbia issued this Decision to impose temporary measures on banks regarding housing loans for natural persons to preserve financial system stability. Banks are required to freeze or reduce variable nominal interest rates to a maximum of 4.08%, limit new loan margins to 1.1%, and allow early repayments without fees. The regulation also prohibits classifying affected loans as non-performing solely due to these rate adjustments and mandates monthly reporting until the measures expire on December 31, 2024.
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