
ITALIAN GOVERNMENT CREDIT LINE |
|
Loan beneficiaries |
*according EU standards, with residence in Serbiaand majority of privately owned capital |
Loan purpose |
Financing purchase of equipment, technologies, services, spare parts and industrial licences of Italian origine and from Italian suppliers; |
Loan amount |
In line with the creditworthiness,
min EUR 5.000,00 a max EUR 1.000.000,00;
min EUR 50.000,00 a max EUR 1.000.000,00;
min EUR 150.000,00 a max EUR 2.000.000,00. |
Currency |
EUR |
Effective interest rate |
EKS 4,35% per annum |
Loan repayment term |
Up to 8 years (grace period included) |
Grace period |
Up to 2 years |
Loan repayment |
Semi-annually |
Comment |
Minimum 70% of the loan amount shall be used to finance the purchase of goods and services from Italy;
Maximum 30% of the loan amount can be used for financing the accompanying costs and/or working funds in the country where supplier or contractors may be the companies from the Republic of Serbia;
Excluded financing concerns: financing of taxes, customs and VAT which are paid in the country, trade, leasing, insurance companies and financial institutions, activities in the field of entertainment, gambling and real estate, industry of armament and ammunition, industry of tobacco and tobacco trade and production of alcohol beverages. |