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
• Deposits
• Metro and Crédit Agricole Credit Cards
• POS terminals

Overdrafts

Tenor

• minimum 6 months, maximum 12 months

• Currency in which it is granted: RSD

Criteria for indexing/revaluation

• no indexing and revaluation

• Type of interest rate: Variable

Height of nominal interest rate:

• from 28.8% to  32.4 % per year

Height of effective interest rate:

• for Micro enterprises from 34.12%
• for Small enterprises from 30.30%

Criteria for change of contracted variable interest rate

Interest rates for overdrafts 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 changes in Monetary Policies of Reference Central Banks (NBS, ECB, FED).

Interest rate on mature unsettled obligations – default interest

• 0.13% per day, variable interest

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

Fees and expenses included in calculation of EIR

• Fee for approval from 0.6% to 0.7 % of the amount.
• Maintenance fee: 0.1% quarterly, of granted amount.

Fees are changeable, revised by decision of the Bank quarterly and depend on changes in market movements. Exceptionally the Bank reserve rights 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 of credit

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

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