If you took a house loan or leased a car, for example, you will be happy to know that on March 17, 2020, the National Bank of Serbia adopted two Decisions on this matter: the Decision on Temporary Measures for Preserving Financial System Stability and the Decision on Temporary Measures for Lessors Aimed at Preserving Financial System Stability. They both impose a moratorium on loan (re)payments for at least 90 days.
Everyone can use the moratorium – companies, entrepreneurs and citizens – for home loans, consumer and cash loans, credit cards and current account loans.
Banks and lessors are obligated to offer a moratorium on loan repayments to their clients by posting a notice of such an offer on their websites until March 21, 2020. Clients can accept or decline such an offer in the next 10 days (March 31, at the latest, depending on the day the bank posted the notice). If they choose neither, it will be considered that the offer was accepted on the 10th day. The moratorium is effective after the ten-day period expires. No additional expenses will be charged to clients.
Here are some of the answers to the most frequently asked questions!