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The NBS Still Does Not Change the Reference Interest Rate, Risks Due to the Prolonged Duration of the Energy Shock

And at today's session, the Executive Board of the National Bank of Serbia decided to keep the reference interest rate at the level of 5.75 percent, which is effective from September 2025. Interest rates on deposit (4.5 percent) and credit facilities (seven percent) remain unchanged.

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And at today's session, the Executive Board of the National Bank of Serbia decided to keep the reference interest rate at the level of 5.75 percent, which is effective from September 2025. Interest rates on deposit (4.5 percent) and credit facilities (seven percent) remain unchanged.

·Belgrade, Serbia
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The Executive Board of the National Bank of Serbia (NBS) decided to keep the reference interest rate at the level of 5.75 percent, as well as to keep it unchanged at k

·Novi Beograd, Serbia
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When making the aforementioned decision, the Executive Board first of all took into account the realized and expected trend of inflation in the following period.

The Executive Board of the National Bank of Serbia (NBS) decided at today's session to keep the reference interest rate at 5.75 percent. Interest rates on deposits (4.5 percent) and credit facilities (7.0 percent) were also kept unchanged.

The Executive Board of the National Bank of Serbia decided at today's session to keep the reference interest rate at the level of 5.75%, as well as to keep interest rates on deposit (4.5%) and credit facilities (7.0%) unchanged. The National Bank of Serbia kept the reference interest rate at 5.75%, and the rates on deposit and credit facilities remain unchanged. […]

The Executive Board of the National Bank of Serbia decided at today's session to keep the reference interest rate at the level of 5.75%, as well as to keep it at unchanged levels.

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Biznis.rs broke the news on Thursday, October 8, 2026.
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