Header Privreda


Type:  In foreign currency
Purpose:  Financing  sthe short term needs of the company
Currency: EUR
Target Market:  Legal entities
Terms of product approval: Depend on the customer’s creditworthiness
Amount : According to customer’s needs and creditworthiness
Repayment period: Up to 12 months
Interest Rate: According to document “Interest Rates”
Contracted Interest rate for delay:  Contracted Interest rate for delay is calculated according to document “Interest rates”.

Fees:  According to document “Fees and Commissions”
Repayment method: 

  • Bullet repayment.
  • Equal monthly, quarterly and semi annual installments of capital plus interest with or without capital grace period .
  • In annuities, with or without capital grace period.

Calculation of interest on loan Loan is debited with the following interest:

  • Regular interestis calculated in accordance with the repayment schedule. 
  • Contracted interest for delay is calculated at the last day of the 
    each month and on maturity date, calculated on overdue principal amount, overdue fee and overdue interest, once a month.

Security Instruments Required security instruments depending on customers creditworthiness:

  • B/E
  • Guarantors
  • Mortgages
  • Cash Collateral
  • Pledge
  • Assignment of receivables
  • Gounter-Guarantee
  • Other Collateral

Documentation which proves that the loan has been used for the contracted purpose
The customer is obliged to submit to the bank Invoice, pro-forma invoice, single administrative document and other requested documentation if necessary according to regulations and/or Bank’s policy.