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EIB credit line

EIB support (European Investment Bank)

Banca Intesa a.d. Beograd and the European Investment Bank (EIB), as the continuation of a long and successful cooperation, signed a new loan agreement in October 2017 in the amount of EUR 60 million, fourth agreement in the last 10 years.

EIB credit line loans are approved at terms that are significantly more favourable than the standard terms on our market, for different purposes and for a long period, so this is the reason that they are in such high demand.

Beneficiaries of these assets can be  companies with a maximum of 3,000 employees.

Credit line characteristics

Credit line assets are intended for:

  • purchase, reconstruction or expansion of fixed assets other than land,
  • financing permanent working capital,
  • intangible assets,
  • development, planning and financial expenses during the construction period,
  • costs of research and development,
  • development of a distribution network in the country and abroad.

Credit line assets cannot be used for:

  • purchase or construction of facilities for the purpose of selling or renting,
  • purchase of other companies except in case of pure purchase of facilities or equipment,
  • funding VAT as part of the investment except in case there is no return thereof. Otherwise, the subject of financing can be only the net amount of the investment.

Loan terms:

  • Loan repayment period: from 2 to 12 years
  • Grace period: up to 2 years
  • Maximum loan amount: EUR 12,500,000

Contact e-mail: sme@bancaintesa.rs.

 

 

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