NEW PRODUCTION
1. Final Borrowers
- companies, crafts businesses, co-operatives:
(II) using certified production materials and raw materials meeting the quality and security standards.
Pursuant to the Conflict of Interest Prevention Act (Official Gazette of the Republic of Croatia Nos. 26/11, 12/12, 126/12, 57/15), restrictions are in force on lending to business entities whose ownership interests are owned by public officials and their family members. The provisions of these restrictions are deemed a constituent part of HBOR loan programmes. The full wording of the restrictions can be found at: Restrictions on Lending to State Officials.
2. Purpose of Loans
I. Fixed assets |
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II. Permanent working capital |
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3. Manner of Implementation
- through commercial banks
- risk-sharing model - small and medium enterprises
- risk-sharing model
- direct lending
- subordinated debt model
4. Loan Amount, Disbursement Period and Repayment
Loan amount |
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HBOR finances up to 75% of the estimated investment value, VAT not included. HBOR can, in certain cases, consider a possibility of financing the estimated investment value with VAT. | |
Disbursement period | up to 12 months |
Grace period | up to 3 years |
Repayment period |
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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 and borrowers having proven their competitiveness by successful sales figures in domestic and/or foreign markets |
3% p.a. | all other business entities |
6. Loan Application Fee
0,8% one-off, charged on the committed loan amount7. Commitment Fee
0,25% p.a., charged on the committed undisbursed loan amount, starting 30 days after the loan contract date8. 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
9. Commercial Banks Co-operating with HBOR on the Loan Programme
- Addiko Bank d.d., Zagreb (RS SME); (RS)
- Banka Kovanica d.d., Varaždin
- Erste & Steiermärkische Bank d.d., Rijeka (RS SME); (RS)
- Hrvatska poštanska banka d.d., Zagreb (RS SME); (RS)
- Istarska kreditna banka Umag d.d., Umag (RS SME)
- KentBank d.d., Zagreb
- OTP banka Hrvatska d.d., Zadar (RS SME); (RS)
- Podravska banka d.d., Koprivnica (RS SME); (RS)
- Privredna banka Zagreb d.d., Zagreb (RS SME)
- Raiffeisenbank Austria d.d., Zagreb (RS SME); (RS)
- Sberbank d.d., Zagreb (RS SME); (RS)
- Slatinska banka d.d., Slatina (RS SME); (RS)
- Societe Generale - Splitska banka d.d., Split (RS SME)
- Štedbanka d.d., Zagreb
- Zagrebačka banka d.d., Zagreb (RS SME); (RS)
More detailed information can be found in the complete wording of the Loan Programme or at: HBOR, Strossmayerov trg 9, 10000 Zagreb Phone: +385 1 /45 91 666 E-mail: kreditiranje@hbor.hr