20.09.2024. / 10:46
BANJALUKA – The Investment and Development Bank (IRB) of Republika Srpska has introduced a fee for prematurely returned loans placed through financial intermediaries, i.e. banks.
PHOTO: CBBH
The new rules for the placement of funds under credit lines and loans, which the Government of the Republic of Srpska adopted at the session on September 12, were published in the Official Gazette and entered into force.
According to them, for loans returned before the deadline, a fee of one percent will be paid.
“If the financial intermediary repays the loan before the deadline established by the repayment plan, he is obliged to notify the IRBRS of his intention and pay the Fund a fee for early repayment in the amount of one percent of the amount of the unpaid principal and other due and unpaid obligations, except in cases where the Government of the Republic Srpska in the function of the Assembly decides otherwise“, the decision states.
Thus, the RBI started with the practice that is established among commercial banks, which, depending on the type of loan and placement, charge a fee of one to two percent for amounts over 10,000 KM.
However, the RBI says that this is not about the commercialization of the bank.
“This amendment to the rules will provide additional flexibility when it comes to managing portfolios of funds under the jurisdiction of the RBI, and fulfilling their development roles and functions in the domestic market.“, said the RBI.
CAPITAL: D. Tovilović
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