On 29 March 2023, the Serbian Ministry of Finance has approved the rulebook on arm’s length interest rates for 2023. The rulebook will be effective from 6 April 2023.
Interest rates in accordance with “arm’s-length” principle that applies on banks and financial leasing companies are-1.48% on short-term loans in RSD (4.47% RSD for long term); 3.25% on loans in EUR; 4.43% on loans in USD; 2.63% in CHF; 3.70% in SEK; 1.88% in GBP; 1.91% in RUB.
Interest rates for other companies in case of short-term loans are -3.88% in RSD (4.74% for long term); 2.98% in EUR (3.22% for long term); 3.18% in USD (4.28% for long term) and 7.84% in CHF for long term only.
