Sitemap

UniCredit Bank Joined Program Supporting Small Enterprises

Nikola Jokic And Nuggets Agree On Historic 5-year Extension

Nikola Jokic has gone from draft pick...

EU Agrees On Rules To Tame Crypto Market

The European Union has agreed on ground-breaking...

EU To Extend Digital Covid Certificate For Travel Until June 2023

As the current EU Digital Covid Certificate...

UK: Lowest Car Sales Since 1996

Gathering economic headwinds are stoking fears of a recession after car sales dropped to the lowest level since 1996. UK...

In The New Report On Serbia GRECO Calls For Further Measures To Prevent Corruption

In a new report on Serbia, the Council of Europe’s Group of States against Corruption (GRECO) calls for further measures to...

China: Ready To Promote Global Development

The Forum on Global Development was held in Beijing, and on that occasion the President of the People's Republic...

Serbia And Hungary Sign Agreement On Border Control

The Agreement between the governments of Serbia and Hungary regulating border control in road, rail and water transport was...

Reception On The Occasion Of 140 Years Of Friendly Relations Between Japan And Serbia

Ambassador of Japan in Serbia H.E. Katsumata Takahiko hosted a reception in his residence to mark the 140th anniversary...

In accordance with UniCredit business strategy which includes supporting the local economy development, UniCredit Bank, also this year, entered the Program of support to small enterprises for the purchase of equipment.

It is being implemented in cooperation with the Ministry of Economy of the Republic of Serbia and Development Agency of Serbia.

Within this Program, favourable financing conditions in dinars and euros are provided for entrepreneurs and cooperatives, small and micro-enterprises.

Client’s minimum down payment is 5% of the purchase net value, while the Ministry approves grants in the amount from RSD 250,000 to RSD 2,500,000, which makes 25% of the net value of the equipment or machine. For the remaining 70% of the net value, UniCredit Bank has prepared financial conditions for repayment periods from 18 to 60 months.

When it comes to the repayment period of 18 months, the variable nominal interest rate is formed as the sum of 1M BELIBOR and margin of 0.5% and currently amounts 3.62% per annum. In addition, customers can opt for a fixed interest rate for financing in dinars, where the nominal interest rate per annum amounts 5.20%.

For financing in euros and repayment period of 18 months, fixed nominal interest rate amounts 2.50% p.a. In addition, the bank is also providing clients with a grace period of 6 months.

Enrico Verdoscia, member of Management Board of UniCredit Bank in charge of Corporate and Investment Banking, in regards to participation in the program, stated: “I am very pleased that our bank, through its participation in this and similar Government programs, is confirming year after year its strong commitment to supporting the economic development of micro and small enterprises in Serbia.

Through this program, we will provide financial support to segments which have been identified to have substantial potential for growth. By financing entrepreneurs and cooperatives, small and micro enterprises we want to contribute to further improve their production efficiency, internationalization of their business and creation of new jobs.”

Related Articles

The EIB And Unicredit Promote Socially Inclusive Employment And Entrepreneurship

The European Investment Bank (EIB) and UniCredit Bank Serbia (UniCredit) have officially launched a €30 million credit line aimed at supporting the employment, professional...

Swiss Cooperation Program For Serbia 2022-25 Introduced

Support of Switzerland for Serbia in the European integration process, contributing to sustainable inclusive growth and encouraging democratic processes was announced at a ceremony...

Unicredit Bank Serbia Marks 20th Anniversary With Launch Of CSR Project

2,000 dinars from each loan granted during November and December 2021 will be used for CSR projects over the next year For each cash loan...

Anđelka Atanasković, Economy Minister Of The Republic Of Serbia

We’ll Encourage The Modernisation Of Production Processes

Today’s market is ever more demanding and competitive, and companies that miss out on transforming digitally and don’t encourage innovation face the possibility of...

Programme Of Economic Reforms For Period From 2021 To 2023 Adopted

The government of the Republic of Serbia adopted the Bill ratifying the Agreement between the government of the Republic of Serbia and the government...

UniCredit Bank Opens Second Call For Entry Under the Name “Every Child Matters”

For the second time in a row, with the aim to support projects focusing on children needs and improvement of their lives, UniCredit foundation...

EU Support To The Serbian Economy To Mitigate The Impact Of COVID-19

Head of the European Union, Ambassador Sem Fabrizi, met with the newly appointed Minister of Economy, Ms Andjelka Atanaskovic to discuss priorities of the...

Anđelka Atanasković, Serbian Economy Minister

Sustainable Development And Economic Efficiency

One of the specific goals of the Industrial Policy Strategy of Serbia from 2021 to 2030 is to transition from a linear model of...