Regulatory Alerts2025-08-20
Decision on Terms and Method of Calculating the Effective Interest Rate and on the Layout and Content of Forms Handed out to Consumers
The Executive Board of the National Bank of Serbia issues this Decision to standardize the calculation of the effective interest rate and the content of forms provided to financial service consumers. It mandates specific mathematical formulas, assumptions for variable rates, and detailed layouts for deposit, credit, and lease repayment schedules to ensure transparency. Service providers are required to deliver binding offers, general information, and risk disclosures using prescribed annexes prior to concluding agreements.
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