Loans from the Credit Line of the European Investment Bank (EIB)

European Investment Bank (EIB), the European Union’s financial institution, founded in 1958 in accordance with the Treaty of Rome, participates in the same level with domestic financial institutions in financing investment programs that makes the part of the European Union’s goals. Provided the loan meets all eligibility criteria for financing by the EIB, the Bank shall grant the Loan Beneficiary a financial advantage expressed through the interest rate. Such a financial benefit is 50 (fifty) base points (or 80 (eighty) base points for projects ”Jobs for Youth in the Western Balkans” - 3M projects), compared to the annual interest rate that the Bank would calculate on this loan without participation of EIB.

Credit Line of the European Investment Bank

EUROPEAN INVESTMENT BANK CREDIT LINE – Apex credit line for small and medium-sized enterprises, mid-caps and priority projects

Loan Beneficiaries

Pursuant to criteria of EIB and the terms and conditions of the credit line, the municipalities and public enterprises, small and medium-sized enterprises (SMEs), with fewer than 250 employees, enterprises with medium amount in market capitalization (Mid-Caps), with at least 250 and not more than 3000 employees

Purpose of Loan

Purchase, reconstruction and expansion of tangible assets (excluding agricultural land), investments necessary for technical implementation of the project, investments in intangible assets, financing of permanent, and/or fixed working capital

Loan Amount

In accordance with the creditworthiness, the maximum loan amount is EUR 12.500.000,00

The value of the financed project cannot exceed the amount of
EUR 25.000.000,00

Loan Repayment Period

Depending on the purpose, economic and technical life of the project, up to 12 years maximum for SMEs and Mid-Cap projects, and/or up to 15 years for public sector, including the grace period