Rule-book on interest rates for 2019
Pursuant to Article 61, paragraph 3 of the Legal Entity Profit Tax Law (“Official Gazette of the Republic of Serbia”, No. 25/01, 80/02, 80/02 – other law, 43/03, 84 / 04, 18/10, 101/11, 119/12, 47/13, 108/13, 68/14 – other law, 142/14, 91/15 – authentic interpretation, 112/15, 113/17 and 95/18), Minister of Finance adopted the Rule-book on interest rates for 2019 that are considered to be in accordance with the “arm’s length” principle. The Rule-book is published in the “Official Gazette of the Republic of Serbia”, no. 13/2019 and enters into force on March 8th 2019.
Pursuant to Article 2 of this Rule-book:
For 2019, the interest rates are:
1) for banks and financial leasing companies:
(1) 2.72% on short-term loans in RSD;
(2) 3.64% on loans in EUR and RSD loans indexed in EUR;
(3) 5.05% on loans in USD and RSD loans indexed in USD;
(4) 2.98% on loans in CHF and RSD loans indexed in CHF;
(5) 3.91% of loans in SEK and RSD loans indexed in SEK;
(6) 4.25% on loans in NOK and RSD loans indexed in NOK;
(7) 1.92% on GBP loans and RSD loans indexed in GBP;
(8) 1.41% on loans in RUB and RSD loans indexed in RUB;
2) for other companies:
(1) 4.98% on short-term loans in RSD;
(2) 5,69% on long-term loans in RSD;
(3) 2.71% on short-term loans in EUR and RSD loans indexed in EUR;
(4) 2.90% on long-term loans in EUR and RSD loans indexed in EUR;
(5) 7.61% on long-term loans in CHF and RSD loans indexed in CHF;
(6) 3.08% on short-term loans in USD and RSD loans indexed in USD;
(7) 4.12% on long-term loans in USD and RSD loans indexed in USD.
Interest rates apply to borrowings as well.
