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COVID-19 Banking & Finance

New moratorium on loans and financial leasing obligations in Serbia

December, 2020, , ,
The National Bank of Serbia has adopted new measures to facilitate loan and financial leasing instalment repayments to corporate clients affected by COVID-19 pandemic, which have come into force on...
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New banking and financial leasing moratorium in Serbia

July, 2020, ,
Obligations subject to moratorium Less than a month after the expiry of the first COVID-19-related moratorium on corporate and retail debt, to Serbian banks and financial leasing companies, the National...
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The new compliance environment for future issuers of ‘Corona’ bonds in Serbia

May, 2020, , ,
As a follow-up to the Decree on the Procedure for Issuance of Debt Securities (“Decree“), the Serbian Securities Commission (“SEC“) has enacted amendments to the Regulation on Content of Application...
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State guarantee scheme as a measure to mitigate the consequences of COVID-19 on the economy

April, 2020 and , , ,
On 16 April 2020, the Government of the Republic of Serbia adopted a decree establishing a scheme for the issuance of unconditional, on-demand state guarantees to banks for working capital...
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Emergency rules on the issuance of “Corona bonds” in Serbia

April, 2020, , ,
The Government of Serbia adopted on 10 April 2020 the emergency Decree on the Procedure for Issue of Debt Securities (“Decree“), which provides for the simplification of the current regime...
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Serbian moratorium on loan and financial lease repayments explained

April, 2020, , ,
The National Bank of Serbia has taken steps to preserve financial stability in the wake of the COVID-19 pandemic situation and the associated state of emergency declared in Serbia. Specifically,...
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