Public Announcements

The Development Bank announced a public call for funds from an interest-free, working capital loan for companies affected by the energy and economic crisis: Application from May 11

05/05/2022

Micro, small and medium-sized companies, sole proprietors, and artisans affected by the energy and economic crisis from May 11, 2022, shall be able to apply for the new interest-free credit line intended for working capital. The public call will last 15 days, and the entities may submit their application electronically to a given e-mail address.

 

In times of global energy and economic crisis, the Government of the Republic of North Macedonia has adopted economic measures to reduce the consequences thereof, with the aim of protecting the standard of living and maintaining economic stability. One of the measures realized through the Development Bank of North Macedonia is the establishment of a new interest-free credit line intended to support companies affected by the energy and economic crisis.
The credit line is intended for micro, small and medium-sized enterprises, sole proprietors, and artisans who pay real income tax and are registered in the Republic of North Macedonia. The companies should be in private ownership and on the list of acceptable classes of activity for crediting, published in the public call.

The minimum loan amount is MKD 185,000, while the maximum loan amount is MKD 3,000,000. The loan has a repayment period of 12 and 18 months, including a grace period of 6 months in both cases.
 
For the users of this credit line, a grant component of 10% is provided for entities that use a repayment period of 18 months, i.e. 20% for entities that use a repayment period of 12 months. The grace period in both cases is up to 6 months.
 
The entities that have used a loan from "Covid 3" and "Covid 4" can no longer use the credit line to support companies affected by the energy and economic crisis. Entities that have used a loan from "Covid 1" and/or "Covid 2" and do not have unpaid tax obligations of more than MKD 10,000 on the day of application (May 11, 2022), will be able to use this interest-free credit line.
 
The public call was published today, 05/05/2022, and will last for 15 days from May 11, 2022, at 09:00 a.m. to May 26, 2022, at 09:00 a.m. The submission of loan applications will take place electronically at eekriza@mbdp.com.mk.