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Banca Intesa starts granting subsidised loans for liquidity and permanent working capital

Banca Intesa today started approving applications for subsidised loans for liquidity and permanent working capital in 2014, in accordance with the Decree of the Government of Serbia on conditions for subsidising interest rates on this loan type.

The maximum amount of loans for financing liquidity and permanent working capital for entrepreneurs and micro companies is RSD 10 million, for small enterprises RSD 100 million, for medium enterprises RSD 400 million and for large companies RSD 500 million. The loans are granted in dinars only, with up to an 18-month repayment period, including a 6-month grace period, with a 5.45% annual interest rate.

Banca Intesa has participated in all state programs of subsidised loans which have been realised so far and was the most active commercial bank with a 25% share in total granted loans. This year, the bank is also recording high interest in loans with subsidised interest rate, and it has received over 700 applications for this loan type so far.

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