Foreign currency reserves rates decresed for banks

(Photo: I.Vukša)

The National Bank of Serbia has made decision on foreign currency reserves rate decrease which will enable banks to provide bigger support to economy and decrease loan costs.

today to decrease

- The objective is to, through additional decrease of compulsory reserve, cost reduction and setting a portion of loan potential, stimulate loan activities of banks – it was stated in the announcement.

The National Bank of Serbia, it was outlined, continues to, through the policy of obligatory reserves, stimulate banks to use long-standing and dinar funding sources in greater extent.