Regulatory Alerts2018-08-22
Annex 1a: Risk Disclosure Forms for Variable Interest Rate and Foreign Currency Loans
The National Bank of Serbia mandates standardized risk disclosure forms for consumers considering loans with variable nominal interest rates, foreign currency exposure, or currency clauses. These documents require lenders to provide historical data, graphical trends, and scenario-based tables illustrating the potential financial impact of adverse movements in interest rates and exchange rates on annuity payments and total repayment costs. Borrowers must receive these disclosures to understand the specific risks associated with their loan structure before signing the contract.
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