Regulatory Alerts2020-02-19
Regulation on the Reporting of Effective Interest Rates of Banks and Savings Banks
The Governing Board of the Bank of Slovenia issued this regulation to establish the scope, methods, and deadlines for banks and savings banks to report average effective interest rates on consumer credits. The rule mandates that institutions calculate these rates using an arithmetic mean of agreements from the previous six months, categorized by specific maturity and amount brackets, and submit the data via the EOM-PotK form twice a year. This regulation supersedes the previous version and entered into force on 2 September 2017 following its publication in the Official Gazette.
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