Regulatory Alerts2015-07-14
Decision on Terms and Manner of Granting Emergency Liquidity Assistance Loans to Banks
The Executive Board of the National Bank of Serbia issued this Decision to establish the terms for granting emergency short-term liquidity loans to solvent banks facing temporary liquidity issues. The regulation mandates that banks must exhaust all other liquidity sources and submit detailed action plans and collateral documentation before the NBS Executive Board approves loan amounts, maturities, and interest rates. Furthermore, the Decision outlines strict monitoring requirements, interest calculations, and the NBS's authority to terminate agreements or activate collateral if banks fail to meet their obligations.
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