C. bank won't limit savings interest rates
The National Bank of Serbia (NBS) Governor Radovan Jelašić stated Saturday that the central bank will not limit interest rates on savings.
Sunday, 21.06.2009.
19:37
The National Bank of Serbia (NBS) Governor Radovan Jelasic stated Saturday that the central bank will not limit interest rates on savings. But, he said, commercial banks should agree on the level of interest rates among themselves. C. bank won't limit savings interest rates Jelasic said this responding to the suggestion of the banks in Serbia that savings interest rates should be limited through an administrative measure of the central bank. At the summit of central bank governors and leading regional bankers in Montenegro's seaside resort of Becici, Jelasic warned that the countries of the region could face much stronger effects of the global economic crisis than previously expected. The governor also said that "citizens will feel its harsh consequences", adding that the return to the previous stage of economic development will last longer.
C. bank won't limit savings interest rates
Jelašić said this responding to the suggestion of the banks in Serbia that savings interest rates should be limited through an administrative measure of the central bank.At the summit of central bank governors and leading regional bankers in Montenegro's seaside resort of Bečići, Jelašić warned that the countries of the region could face much stronger effects of the global economic crisis than previously expected.
The governor also said that "citizens will feel its harsh consequences", adding that the return to the previous stage of economic development will last longer.
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