This Rulebook prescribes interest rates that, in accordance with the arm’s length principle for 2022, are calculated on loans and/or loans between related parties.

The Rulebook is published in the “Official Gazette of the RS”, No. 139/22 and enters into force on 24 December 2022.

The interest rates prescribed by the Rulebook are:

1) for banks and financial leasing providers:

  • On short-term loans in RSD 0.50%
  • On long-term loans in RSD 2.86%
  • Loans in EUR and RSD loans indexed in EUR 2.75%
  • Loans in USD and RSD loans indexed to USD 3.91%
  • On loans in CHF and RSD loans indexed in CHF 2.61%
  • On loans in SEK and RSD loans indexed in SEK 3.96%
  • On loans in GBP and RSD loans indexed in GBP 1.88%
  • On loans in RUB and RSD loans indexed in RUB 2.31%

2) for other companies:

  • On short-term loans in RSD 3.12%
  • On long-term loans in RSD 3.39%
  • Short-term loans in EUR and RSD loans indexed in EUR 2.25%
  • Long-term loans in EUR and RSD loans indexed in EUR 2.73%
  • Long-term loans in CHF and RSD loans indexed in CHF 6.94%
  • Short-term loans in USD and RSD loans indexed in USD 1.85%
  • Long-term loans in USD and RSD loans indexed in USD 3.54%