Loan amount:

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

Loan currency:

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

Repayment period:

up to 12 months

Loan term:

up to one month before expiry of the loan validity period

Repayment terms:

Successively, in line with the client’s ability, and not later than the loan maturity date

Collateral:

In line with the Bank Collateral Catalogue and Policy*

Minimum eligible collateral:

For an amount of EUR 50,000 in denar counter value, minimum collateral may be notarized draft or solemnized credit exposure agreement with enforcement clauses

Other:

In the course of the loan validity period, the client may borrow or repay part of the loan and notify the Bank thereof by fax, e-mail or by other written form

Interest rate:

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

Commission:

One-off commission in accordance with the Fee and Commission and Service Tariff of the Bank (currently 0.5% one-off, minimum MKD 3,000 and maximum MKD 150,000 for loans secured by real estate as mortgage and movables as collateral, and 2% one-off, minimum MKD 3,000 for the remaining collateral, other than deposit collateral)

Other fees and commissions:

MKD 2,000 handling fee for approved application

Loan currency:

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