HBOR - INTEREST RATES AS LOW AS 0% AND INSURANCE OF 50% OF LOAN AMOUNT

Entrepreneurs have access also to favourable HBOR’s funds for financing liquidity that are approved in cooperation with commercial banks or directly to entrepreneurs in separate branches of the economy.

HALF OF THE LOAN AT A 0 PERCENT INTEREST RATE OR AT AN INTEREST RATE REDUCED BY 0.75 PP

Entrepreneurs can apply for working capital loans via banks under the risk-sharing model with banks (loan programmes: Working Capital COVID-19 Measure and Working Capital for Wood Processing and Furniture Production) and through framework loans to banks. Funds under the risk-sharing model are approved with an interest rate from 0% on HBOR’s half of the loan, and liquidity loans on the basis of framework loans to banks with an interest rate lower by 0.75 p. p. than the regular one.

APPROVED ALREADY MORE THAN HRK 250 MILLION FOR WORKING CAPITAL IN TOURISM INDUSTRY

Loans under the programme Working Capital for Rural Development are approved by HBOR directly as well as loans for entrepreneurs in the tourism industry for which applications were received by 5 June 2020. By that date, HBOR received a total of 556 applications, half of which have already been processed, and loans in the total amount of more than HRK 250 million have already been approved.

INSURANCE OF 50% OF PRINCIPAL AND INTEREST AMOUNT

Besides favourable loans, HBOR has launched a new loan portfolio insurance programme for exporters’ liquidity. This programme facilitates and accelerates the granting of new funds for maintaining the liquidity of exporters and indirect exporters as HBOR insures 50% of the amount of principal and interest of approved loans included by the banks into the portfolio.