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Agreement signed on EUR 200M for business loans

Author: Hari Alfeo

ZAGREB, Oct 24 (Hina) - Representatives of the Croatian Bank for Reconstruction and Development (HBOR), Erste & Steiermaerkische Bank (ESB), Privredna Banka Zagreb (PBZ) and Zagrebacka Banka (ZABA) on Tuesday signed a financing agreement for the realisation of European Structural and Investment Funds (ESIF) loans for growth and development, whereby small and medium-sized enterprises will have EUR 200 million at their disposal at an interest rate of between 1 and 2%.

(Hina) ha

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