The Minister of Finance adopted the Rulebook on interest rates according to the “arm’s length” principle for 2023.

The Rulebook prescribes the interest rates calculated on loans between related parties for 2023 according to the “arm’s length” principle.

The prescribed interest rates for banks and providers of financial leasing and other companies are listed below.

Interest rates amount

Interest rates, according to the “arm’s length” principle:

For banks and financial leasing providers:

  • 48% on short-term loans in RSD,
  • 47% on long-term loans in RSD,
  • 25% on loans in EUR and dinar loans indexed in EUR,
  • 43% on loans in USD and dinar loans indexed in USD,
  • 63% on CHF loans and dinar loans indexed to CHF,
  • 70% on loans in SEK and dinar loans indexed in SEK,
  • 88% on loans in GBP and dinar loans indexed in GBP,
  • 91% on loans in RUB and dinar loans indexed in RUB,
  • 01% on loans in CNY and dinar loans indexed to CNY.

For other companies:

  • 88% on short-term loans in RSD,
  • 74% on long-term loans in RSD,
  • 98% on short-term loans in EUR and dinar loans indexed in EUR,
  • 22% on long-term loans in EUR and dinar loans indexed in EUR,
  • 84% on short-term loans in CHF and dinar loans indexed in CHF,
  • 18% on short-term loans in USD and dinar loans indexed in USD,
  • 28% on long-term loans in USD and dinar loans indexed in USD.

The Rulebook was published in the “Official Gazette of RS”, no. 139/2022 of March 29, 2023, and entered into force on April 6, 2023.