Decision on Countercyclical Capital Buffer Rate for the Republic of Serbia

RS Official Gazette, no 112/2025
Pursuant to Article 14, paragraph 1, item 11) 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) and Section 436 of the Decision on Capital Adequacy of Banks (RS Official Gazette, Nos 103/2016, 103/2018, 88/2019, 67/2020, 98/2020, 137/2020, 59/2021, 67/2022, 137/2022, 48/2023, 110/2023, 102/2024, 41/2025, 70/2025, 101/2025 and 104/2025 – correction), the NBS Executive Board hereby issues D E C I S I O N ОN COUNTERCYCLICAL CAPITAL BUFFER RATE FOR THE REPUBLIC OF SERBIA

1. The countercyclical capital buffer rate (hereinafter: CCyB) for the
   Republic of Serbia is hereby set at 0.5% of the risk-weighted assets of a bank, calculated in accordance with the decision governing capital adequacy of banks.
2. As of the day of application of this Decision, the Decision on
   Countercyclical Capital Buffer Rate for the Republic of Serbia (RS Official Gazette, No 58/2017) shall cease to be valid.
3. This Decision shall be published on the National Bank of Serbia’s
   website and in the “RS Official Gazette”.
4. This Decision shall enter into force on the day following the day of its
   publication in the “RS Official Gazette” and shall apply as of 15 December 2026. NBS EB No 110 Chairperson 11 December 2025 NBS Executive Board B e l g r a d e G o v e r n o r National Bank of Serbia Dr Jorgovanka Tabaković, sgd.