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Subsidised liquidity loans

19 September 2012.

Eurobank grants EUR16 million worth of loans to corporate clients

Belgrade, September 19, 2012 – Only one week after it started receiving applications for subsidised corporate loans, Eurobank has granted EUR 16 million worth of loans. In accordance with the Government’s regulation, the loans can be used for liquidity maintenance and for financing of working capital and export activities throughout 2012.

Repayment period for the subsidised loans of Eurobank is up to 18 months, including the five month-grace period, the interest rate is at the level of the Referent IR loans indexed in RSD, i.e. 3.5 per cent annual rate for loans with the currency clause. The loans for financing of export activities will be granted exclusively with application of the currency clause.

- Since the implementation of the Government’s regulation, Eurobank has disbursed loans to legal entities in excess of EUR16million stated Vladan Vilotijević, Retail Coordination & Development Manager in Eurobank.

Maximum amount of the loan for entrepreneurs and small enterprises is RSD 30 mio, for middle-sized enterprises it amounts to RSD 200 mio, whereas maximum amount of the loan for large enterprises is RSD 400 mio, and RSD 600 mio for export activities.

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