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CROATIA BANKA, UN AGENCIES SIGN CONTRACT ON PROVISION OF LOANS

ZAGREB, Dec 18 (Hina) - Representatives of Croatia Banka d.d. and United Nations' agencies UNDP/UNOPS from Geneva on Monday signed an agreement on the implementation of a project on the rehabilitation and sustainable development of war-destroyed areas for Vukovar-Srijem County, in particular the town of Vukovar, the bank's representatives reported. The CRO/OO/QO2 project envisages the granting of loans for family farms and small businesses by Croatia Banka, that is, its offices in Osijek, Vinkovci and Beli Manastir. The loans will be secured from European Union funds and the annual interest rate for end users will be eight percent.(hina) rml
ZAGREB, Dec 18 (Hina) - Representatives of Croatia Banka d.d. and United Nations' agencies UNDP/UNOPS from Geneva on Monday signed an agreement on the implementation of a project on the rehabilitation and sustainable development of war-destroyed areas for Vukovar- Srijem County, in particular the town of Vukovar, the bank's representatives reported. The CRO/OO/QO2 project envisages the granting of loans for family farms and small businesses by Croatia Banka, that is, its offices in Osijek, Vinkovci and Beli Manastir. The loans will be secured from European Union funds and the annual interest rate for end users will be eight percent. (hina) rml

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