Regulatory Alerts2024-12-30
Decision on Temporary Measures for Banks to Facilitate Access to Financing for Natural Persons
The National Bank of Serbia issued this Decision to allow banks to exclude certain mortgage-secured housing loans from capital conservation and systemic risk buffers, provided specific conditions regarding property registration and investor track records are met. Banks may assign a reduced 35% risk weight to qualifying mortgage exposures and are permitted to extend loan maturities by up to five years without reclassifying them as non-performing. Additionally, the regulation simplifies documentation for small consumer loans by accepting borrower statements as proof of income and extends these temporary measures through 2023 and 2025.
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