Regulatory Alerts2025-03-17
Decision on Establishing the Methodology for Calculation of Interest Rates as the Basis for Determining Interest Rate Caps in Accordance with the Law on the Protection of Financial Service Consumers
The Executive Board of the National Bank of Serbia issued this Decision to establish the methodology for calculating interest rates that serve as the basis for determining interest rate caps under the Law on the Protection of Financial Service Consumers. This regulatory framework is integral to the Decision and provides the specific calculation standards required for consumer protection compliance. The Decision was signed on 13 March 2025 and entered into force on 14 March 2025 following its publication in the RS Official Gazette.
RS Official Gazette, No 21/2025 Pursuant to Article 12, paragraph 13 of the Law on the Protection of Financial Service Consumers (RS Official Gazette, No 19/2025) and Article 15, paragraph 1 of the Law on the National Bank of Serbia (RS Official Gazette, Nos 72/2003, 55/2004, 85/2005 – other law, 44/2010, 76/2012, 106/2012, 14/2015, 40/2015 – CC decision, 44/2018 and 19/2025), the Executive Board of the National Bank of Serbia issues the following DECISION ON ESTABLISHING THE METHODOLOGY FOR CALCULATION OF INTEREST RATES AS THE BASIS FOR DETERMINING INTEREST RATE CAPS IN ACCORDANCE WITH THE LAW ON THE PROTECTION OF FINANCIAL SERVICE CONSUMERS
- The Methodology for Calculation of Interest Rates as the Basis for Determining Interest Rate Caps in Accordance with the Law on the Protection of Financial Service Consumers (RS Official Gazette, No 19/2025) is hereby established and is integral to this Decision.
- This Decision shall be published in the RS Official Gazette and enters into force on 14 March 2025. NBS EB 8 Chairperson 13 March 2025 Executive Board of the National Bank of Serbia Belgrade Governor National Bank of Serbia Dr Jorgovanka Tabaković, sign.