Loan amount:

By the creditworthiness of the loan applicant, minimum EUR 10,000, maximum EUR 500,000

Loan currency:

MKD loan with FX clause

Repayment period:

up to 11 years with possible 1-year grace period included

Repayment terms:

equal monthly, quarterly and semiannual repayments of the principal or by previously defined repayment schedule

Collateral:

In line with the Bank Collateral Catalogue and Policy*

Minimum eligible collateral:

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

Own participation:

minimum 15% of the investment value

Other:

valid only for companies with over 51% private ownership

Prohibited lending activities:

weapon production, games of chance, activities having adverse effect on environment, cloning 

Interest rate:

6.5% annually, fixed

Commission:

up to 1.5% to the approved loan value

Commission for prepayment of the loan:

3% of the prepaid amount

Other fees and commissions:

MKD 2,000 handling fee for approved application

Loan currency:

The loan is reimbursed in accordance with the Decision on Interest Rate Policy of the Bank