Tourism is one of the most important branches of the economy in the Republic of Croatia and a driving force for economic growth and job creation in the EU.
EAPB member HBOR supports investments in the development of the tourism sector by providing easier access to finance and by offering funding at favourable terms and conditions.Read more
The loan follows a previously signed cooperation agreement laying down the operating procedures for an exchange of knowledge and experience between the two financial institutions to stimulate public investments in the Netherlands. The EIB makes EUR 250 million available to BNG Bank, which can lend this amount at low rates to local authorities, housing associations and healthcare institutions. Since the EIB finance may never finance more than 50% of the total value of a project, a total of at least EUR 500 million in projects can be realized together with the BNG Bank. The interest rate for the customers concerned will be lower than the interest rate of regular loans.
EAPBs new website will improve user friendliness and appeal. In addition to the changed design and layout of the pages, new functions will be implemented and the content will be updated.