Interest rate on bank loans reached 5.03 % in 2015 in Serbia, according to the National Central Bank. This is 27.1 % less than in the previous year.
Historically, interest rate on bank loans in Serbia reached an all time high of 78.7 % in 2000 and an all time low of 2.59 % in 2003. When compared to Serbia's main peers, interest rate on bank loans in Bosnia and Herzegovina amounted to 5.79 %, 6.92 % in Croatia, 2.90 % in Hungary and 6.77 % in Romania in 2015.
Serbia has been ranked 110th within the group of 135 countries we follow in terms of interest rate on bank loans, 39 places above the position seen 10 years ago.
The lending interest rate is the rate charged by banks on loans to prime customers.