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Serbian Corporate Loan Rates Rise as ECB Tightening Adds Financing Pressure
Borrowing costs for Serbian companies increased as corporate credit expanded, while the European Central Bank (ECB) resumed monetary tightening, creating an additional potential source of pressure for euro-linked financing. The average rate on newly approved euro and euro-indexed corporate loans rose to about 5.5%, compared with approximately 5.2% previously and 5.1% before that. New dinar-denominated corporate loans also became more expensive, with the average rate reaching about 7.7%, up from around 7.4% and 7.1% in the preceding periods. The increase…
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