|Loan Programme in Preparation for the Tourist Season|
1. Final Borrowers
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
3. Manner of Implementation
4. Loan Amount, Disbursement Period and Repayment
5. Interest Rate for Final Borrowers
variable, three-month EURIBOR+3.75% p.a.
Depending on the capabilities of the final borrower in obtaining the right to the award of de minimis aid, loan comes with a general interest rate that is determined at least in the amount of reference or by stimulating the interest rate or the effective interest rate below the reference.
6. Loan Application Fee
0.8% one-off, charged on the committed loan amount
7. Commitment Fee
0.25% p.a., charged on the commited undisbursed loan amount, starting 30 days after the loan contract date
Final borrowers negotiate collataral with commercial banks.
9. Commercial Bank Co-operating with HBOR
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 relating to this programme can be obtained at: