Loan for financing and refinancing of debts


Purpose: Financing debts in correlation with regular business, and that are intended for business enhancement and for obtaining better market position. The loan may be also used for refinancing business obligations of other legal entities-partners for the purpose of obtaining indirect benefit or better trading conditions in the market, which will ultimately contribute to higher client’s liquidity, adjustment of liabilities and assets maturity structure and other benefits in terms of improved client's solvency.


Loan amount:

By the creditworthiness of the loan applicant and amount of the loan in other banks

Loan currency:

Denars (MKD), MKD loan with FX clause and foreign currency loans

Repayment period:

up to 10 years with possible grace period included

Repayment terms:

equal monthly, quarterly or semiannual annuities, and in extraordinary cases annual annuities



In line with the Bank Collateral Catalogue and Policy*

Minimum eligible collateral:

Mortgage on real estate and/or pledge on movable properties and notarized draft or solemnized credit exposure agreement with enforcement clauses 

interest rates

Interest rate:

In accordance with the Decision on Interest Rate Policy of the Bank


One-off commission in accordance with the Fee and Commission and Service Tariff of the Bank (currently 0.5% one-off, + 1% of the borrowed loan amount, minimum MKD 3,000, and maximum MKD 180,000 for MKD loans and 1.5% one-off, minimum MKD 3,000, maximum MKD 500,000 for foreign currency loans secured by real estate as mortgage and movables as collateral, and 2% one-off, minimum MKD 3,000 for other collateral, except for deposit collateral)

Commission for prepayment of the loan:

For repayment up to 20% of the principal balance on the date of the payment, no commission is calculated for prepayment of the loan, for repayment exceeding 20% of the principal balance, 3% commission is calculated on the prepaid amount

Other fees and commissions:

2.000 handling fee for approved application

Loan currency:

If foreign currency loans or MKD loans with FX clause are in question, realization and collect of the loan is made in compliance with the Decision on Interest Rate Policy of the Bank