Moratorium on repayment of loans for farmers and small fuel distributors
Notice on the possibility of using the moratorium in the agriculture, forestry and fisheries sector and for entities engaged in retail trade in petroleum products and/or liquefied petroleum gas
Due to the significant increase in the prices of energy products and key inputs in agriculture and due to the resulting market disruptions, the operations of entities in the agriculture, forestry and fisheries sector, as well as of entities engaged in retail trade in petroleum products and/or liquefied petroleum gas, are exposed to increased costs and liquidity pressures.
To mitigate the aforementioned effects, the Government of the Republic of Croatia adopted, on 23 March 2026, a Conclusion on Measures to Help the Croatian economy (Official Gazette of the Republic of Croatia, No. 29/2026), which, among other things, supports the introduction of a six-month moratorium on the repayment of loans granted to micro, small and medium-sized enterprises in the agriculture, forestry and fisheries sector.
In line with the Conclusion of the Government of the Republic of Croatia, the Croatian Bank for Reconstruction and Development has enabled the use of a moratorium on loan repayment for the aforementioned sector and, to further mitigate the effects of disruptions in the energy market, it has also enabled a moratorium under the same conditions for the borrowers in retail trade in petroleum products and/or liquefied petroleum gas in accordance with the terms and conditions set out below in this Notice.
Moratorium Application Template, to be signed by an authorised person of the borrower, can be downloaded at the link below and must be submitted to HBOR no later than 30 June 2026 by mail, in person at the mailroom (Zelinska 3, 10000 Zagreb) or via the web link for submitting the application.
Click here to download the Moratorium Application Template
Submit your application here
Borrowers:
- Micro, small and medium-sized entrepreneurs (SME clients), who submit an application for the use of a moratorium on loans intended for investment in agriculture (NKD Section A - Agriculture, Forestry and Fisheries)
- SME clients - entities engaged in retail trade in petroleum products and/or liquefied petroleum gas, who submit an application for the use of a moratorium
Direct HBOR’s loans, including direct mandate loans, which are in the grace period or repayment period on the date of receipt of moratorium application. Loans that are fully due for repayment and that have been previously cancelled as well as loan borrowers who are subject to bankruptcy, pre-bankruptcy or enforced collection proceedings are not eligible.
Purpose of loans:
Investment loans and working capital loans
Deadline for the submission of a moratorium application:
30 June 2026
Duration of moratorium:
- Up to 6 months, however no later than 31 December 2026
- The first instalment/ordinary interest payment that can be covered by the moratorium is the one due on 31 March 2026
- Depending on the agreed dynamics of loan repayment/interest payment, the moratorium may include 6 monthly instalments/ordinary interest payments or 2 three-monthly/quarterly instalments/ordinary interest payments or 1 six-monthly/semi-annual instalment/ordinary interest payment
The moratorium covers the loan principal and ordinary interest
Fee for change in placement:
For approving a moratorium, HBOR does not calculate or charge the fee for amendments to the terms and conditions of placement
Manner of moratorium implementation:
- The loan principal, which under the regular repayment schedule (that was applied before the moratorium), would become due in the period covered by the moratorium is deemed to be outstanding until the expiry of the period covered by the moratorium. Liabilities for the loan principal under the regular repayment schedule (applied before the moratorium), and the liabilities due after the expiry of the period covered by the moratorium, will be repaid after the expiry of the period covered by the moratorium, according to the maturities that correspond to the previously agreed loan repayment schedule. In this way, the final loan repayment date is also extended for the corresponding period.
- Exceptionally, if in accordance with the loan contract, the first instalment/annuity of the loan is due after the expiry of the period covered by the moratorium, its maturity date, as well as the final loan repayment date, remain unchanged.
- For loans contracted with bullet repayment, and the final repayment date of which is within the period covered by the moratorium, the final loan repayment deadline is postponed for the period equal to the period covered by the moratorium.
- Ordinary interest during the moratorium period is calculated, but not charged. When the moratorium expires, the calculated interest is charged in 12 equal monthly instalments, of which the first one becomes due one month after the expiry of the moratorium.
- HBOR obtains consent to the moratorium from the provider of the security instrument (e.g. guarantee, loan insurance policy) and
- In the case of direct loans implemented by HBOR on the basis of mandate, HBOR reaches an agreement with the principal on the implementation of the moratorium, unless such an agreement has already been reached (e.g. with the Ministry of Agriculture, Forestry and Fisheries).
For additional information, please contact us via info phone 091 45 97 026 (weekdays from 08:00 to 16:00) or by e-mail to the address: hbor@hbor.hr.