Large Projects in Agriculture


Loan Programme for the Development of the Economy


1. Final Borrowers


  • companies, craftsmen, co-operatives, institutions


2. Purpose of Loans


I. Fixed assets
  • initial funding
  • land plots, buildings
  • equipment and devices
  • nucleus breeding unit, planting perennial crops


II. Permanent current assets
  • up to 30% of the total loan amount

3. Manner of Implementation


  • through commercial banks
  • risk sharing model – small and medium enterprises
  • risk sharing model
  • subordinated debt model


4. Loan Amount, Disbursement Period and Repayment


Loan amount  

  • the minimum loan amount HRK 700,000.00, the maximum amount is not limited
  • loans are granted in HRK and are indexed to foreign currency



HBOR finances up to 75% of the estimated investment value, VAT not included.


Disbursement period  

  • up to 12 months


Grace period  

  • up to 3 years
  • up to 5 years for planting and/or restructuring of perennial crops


Repayment period  

  • up to 12 years, including grace period
  • in justified cases where an investment study indicates a need for longer maturity and grace periods, the repayment period can last up to 17 years, 4 year grace period included


5. Interest

2% p.a.             

borrowers investing in a region of special state concern or supported areas – units of local government classified into groups I and II or a hill or mountain area or the islands or agriculture or fishery
borrowers having proven their competitiveness by successful sales figures in domestic and/or foreign markets



4% p.a.  

all other business entities


Depending on the capabilities of the final borrower on the realization of the right to be allocation of state aid and/or de minimis aid, loan comes with a general interest rate that is determined at least in the amount of reference or by stimulating interest rate or the effective interest below the reference. The interest rate is variable based on a decision of the Board of HBOR, according to the Decision on Interest Rates and the Ordinance on the method and terms of calculating interest.

6. Loan Application Fee


0.8% one-off, charged on the committed loan amount


7. Commitment Fee


0.25%p.a., charged on the committed undisbursed loan amount, starting 30 days after the loan contract date


8. Security


HBOR accepts: bills of exchange and debentures; pledge of property or transfer of fiduciary title to property supported by property insurance policy endorsed in favor of HBOR; bank guarantees; guarantees issued by HAMAG-BICRO and other customary security in the banking operations.

In the case of loan through commercial bank final borrower arrange collateral with commercial bank.


9. Commercial Banks Co-operating on the Loan Programme


  1. Addiko Bank d.d., Zagreb (RS SME); (RS)
  2. Banka Kovanica d.d., Varaždin
  3. Croatia banka d.d., Zagreb
  4. Erste & Steiermärkische Bank d.d., Rijeka (RS SME); (RS)
  5. Hrvatska poštanska banka d.d., Zagreb  (RS SME); (RS)
  6. Istarska kreditna banka Umag d.d., Umag (RS SME)
  7. Jadranska banka d.d., Šibenik
  8. Kentbank d.d., Zagreb
  9. Kreditna banka Zagreb d.d., Zagreb
  10. OTP banka Hrvatska d.d., Zadar (RS SME); (RS)
  11. Partner banka d.d., Zagreb
  12. Podravska banka d.d., Koprivnica (RS SME); (RS)
  13. Privredna banka Zagreb d.d., Zagreb (RS SME)
  14. Raiffeisenbank Austria d.d., Zagreb (RS SME); (RS)
  15. Sberbank d.d., Zagreb (RS SME); (RS)
  16. Slatinska banka d.d., Slatina (RS SME); (RS)
  17. Societe Generale – Splitska banka d.d., Split (RS SME)
  18. Štedbanka d.d., Zagreb
  19. Zagrebačka banka d.d., Zagreb (RS SME); (RS)


The aforementioned commercial banks have been included into the financing through commercial banks.

Those commercial banks that have been included also into the financing under the risk-sharing model SME are marked by acronym RS SME; those that have been included also into the financing under the risk-sharing model are marked by acronym RS.


More detailed information ralating to this programme can be obtained at:
HBOR, Strossmayerov trg 9, 10000 Zagreb
Phone: +385 1 4591 666