Loan interest rates reduced
Credit Facility for Priority Projects (Economics of Simple Things)
|Participants||Small, medium-sized, and large businesses|
|Industry / deliverable||as required by the Program|
|Subsidizing period||Up to 10 years|
|Interest rate and subsidized amount||Up to 15% p.a., including 6% shall be paid by the entrepreneur, whereas the balance - up to 9% p.a. – is to be subsidized by the State (Annual Effective Rate of Return is from 15.7% p.a.)|
|Purpose of the loan|
|Fees||No loan-related commissions will be charged|
For more details, please call at 7711 (toll free) or contact a Bank branch.
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