Entrepreneurs & Small Business

• Loans
  • Micro Enterprises
  • Small Enterprises
  • Entrepreneurs
    • Overdrafts
    • Business Payment Cards
    • Metro and Crédit Agricole Credit Cards
    • Revolving Credit Facilities
    • Mid-Term Loans
    • Short-Term Subsidized Loans
    • Long-Term Investment Loans
    • Long-Term Loans for Purchase of Business Premises
    • Long-Term Co-Financed Investment Loans
    • 100% Cash Covered Loans
• Metro and Crédit Agricole Credit Cards
• POS terminals

Business Payment Cards

Tenor

• Permanent Contract

Currency clause and indexing criteria

• Spending Limit is approved in RSD

Nominal interest rate: variable

Height – span of nominal interest rates:

• From 25.2%  to 28.8 % per year on amount in use

Criteria for change of contracted variable interest rate

Interest rates on credit cards are revised by decision of the bank quarterly and depend on change in market movements. Exceptionally the Bank reserves the right to change interest rates in even shorter time periods, due to change in Monetary policies of reference central banks (NBS, ECB, FED).

Method of interest calculation: Compound

Interest rate in case of default:

• 0.13% daily, variable interest

Interest rates in case of default are revised by decision of the Bank quarterly and depend on changes in market movements. Exceptionally, the Bank reserves the right to change interest rates in even shorter time periods, due to change of monetary Policies of Reference Central Banks (NBS, ECB, FED).

Span of all fees and other expenses that are included in calculation of effective interest rate are borne by the beneficiary:

• Application processing fee is 2% of granted amount of limit.
• Maintenance fee is 0.1% quarterly of granted amount.

Fees are variable, revised by decision of the Bank quarterly and depend on change in market movements. Exceptionally the Bank withholds right to change fees in even shorter time periods, due to change of Monetary Policies of Reference Central Banks (NBS, ECB, FED).

Conditions for early partial or full repayment for credit card

• Without special conditions and without fee for early partial repayment.

Fee is changeable, revised by decision of the Bank quarterly and depends on change of market movements. Exceptionally the Bank withholds right to change fee in even shorter time periods, due to change of Monetary Policies of Reference Central Banks (NBS, ECB, FED).