RESCHEDULING OF EXISTING OBLIGATIONS

TO WHOM THE MEASURE IS INTENDED

Rescheduling of existing loan obligations is made possible for all HBOR’s loan beneficiaries that are unable to carry out their planned activities due to the COVID – 19 outbreak, regardless of whether the loan was approved directly, via commercial bank or leasing company, respectively.

 

WHAT DOES RESCHEDULING IMPLY?

  • The possibility of approving an extended loan disbursement period, grace period and loan repayment period for the maximum of 6 months in total, with regular interest being calculated and charged during the grace period,
  • It is possible to approve changes to the contracted terms and conditions of principal repayment, and the calculation and payment of interest (regular and default interest) by changing, for example, the amount of installments, the percentage of the principal repaid etc.,
  • The fee for changing the loan terms and conditions is not calculated and charged.

 

Rescheduling of obligations is negotiated with each borrower individually according to its repayment potential.

 

APPLICATION FOR RESCHEDULING

– For direct loans:

to be sent by regular mail to HBOR, Zelinska 3, 10000 Zagreb; or by electronic mail to the loan officer in charge, or by electronic mail to: kreditiranje@hbor.hr;

 

– For loans approved via commercial banks:

to be sent to the commercial bank with which the borrower concluded a loan contract.

 

RESCHEDULING APPROVAL

Anyone who submits an application for rescheduling will receive further instructions in the same manner in the shortest term possible.