New mandatory reserve of banks on dinar deposits – 15%

With the change in the Decision about mandatory reserve of the banks, the rate of the mandatory reserve on the dinar deposit has been lowered by 3%, from 18 to 15%.

Thanks to that measure, of which aim is additional affirmation of dinar and stimulation of the dinar savings, the dinar liquidity of about 5.2 billion RSD will be freed and the banks will have cheaper sources in the same proportion, as well as possibility to offer more stimulative terms for dinar deposits.

Besides, the banks are allowed to manage liquid means much easier because the obligation that the daily balance of the separated mandatory reserve must not be lower than 50% of its calculated amount has been cancelled.