Objective of the loan:

Funds from the credit line are aimed to support the trading companies in obtaining permanent working capital.


Purpose of the loan:

Support of requests for a permanent increase in working capital needs.


Sources of funds:

European Investment Bank in the amount of EUR 100.000.000.


Eligible beneficiaries:

 Potential beneficiaries may be the companies in private ownership, registered in the Republic of North Macedonia.



Terms and conditions of the loan:


Single loan amount for the final borrower:

The minimum amount of EUR 5.000
The maximum amount of EUR 666.700 

Repayment period:

Up to 3 years

Grace period included:

Up to 6 months

Interest rate for the borrowers:

Up to 1.6% p.a.

Manner of repayment:

Quarterly

Eligible beneficiaries:
  • Entities that show ethe xtended scope of work of at least 5% or increased export of at least 5% in the current year compared to the previous one
  • Entities that have invested in modernization, saving of energy, environment protection
  • Entities that have increased the number of employees
  • Entities that have good market competitiveness (operating income larger than operating expense, current liquidity higher than 0.8 and at least 30% export income)
Participation of EIB funds in project financing:

Up to 100%

Disbursement to and repayment by the intermediary bank:

Foreign currency (EUR)

Bans and exclusions:

Fields excluded from financing with this product are:

  • Production of weapon
  • Gambling and betting activities
  • Tobacco production
  • Activities involving live animals for experimental purposes
  • Activities affecting the environment
  • Cloning
  • Activities in the field of real estate trading
  • Projects which accounting value exceeds EUR 25 million
  • Entities which number of employees exceeds 250
Miscellaneous:

The number of employees should not diminish during the repayment period

Management fee for the intermediary bank:

The intermediary bank may charge the final borrower a management fee of 1.0% one-off.

Required documents:

  • Loan Application and Business Plan / Investment Programme
  • Company information from the Central Registry of the Republic of North Macedonia
  • Copy of the proof for ownership of the offered collateral and its evaluation
  • Annual statements for a minimum of the last two years
  • List of largest debtors and creditors to the final borrower
  • List of the management bodies’ members, size of the company, number of employees, and parts of the entity in the country and abroad

Lending and Commission Work Division Contact:

Tel. 02/3115-844, 02/3114-840 ext. 121, 124, 127.


Intermediary banks where a request can be submitted:

KOMERCIJALNA BANKA AD SKOPJE

Credit Depart.: 02/3168-504
Operator: 02/3168-168
contact@kb.com.mk
https://kb.com.mk

STOPANSKA BANKA AD SKOPJE

Credit Depart.: 02/3295-524
Operator: 02/3295-295
kontaktcentar@stb.com.mk
https://www.stb.com.mk

STOPANSKA BANKA AD BITOLA

Credit Depart.: 047/207-522
Operator: 047/207-500
contact@stbbt.com.mk
https://www.stbbt.mk/

NLB BANKA AD SKOPJE

Credit Depart.: 02/510-638
Operator: 02/15-600
info@nlb.mk
https://nlb.mk/

PROCREDIT BANK AD SKOPJE

Credit Depart.: 02/3219-927
Operator: 02/3219-900
info@procreditbank.com.mk
https://www.pcb.mk

HALKBANK AD SKOPJE

Credit Depart.: 02/3240-844
Operator: 02/3240-800
info@halkbank.mk
https://www.halkbank.mk

SPARKASSE BANK AD SKOPJE

Credit Depart.: 02/3200-520
Operator: 02/3200-576
contact@sparkasse.com.mk
https://sparkasse.mk

UNI BANK AD SKOPJE

Credit Depart.: 02/3286-025
Operator: 02/3286-100
info@unibank.com.mk
https://www.unibank.mk

CENTRAL COOPERATIVE BANK AD SKOPJE

Credit Depart.: 02/3249-360
Operator: 02/3249-302
info@ccbank.mk
https://www.ccbank.mk/

TTK BANK AD SKOPJE

Credit Depart.: 02/3236-456
Operator: 02/3236-400
ttk@ttk.com.mk
https://www.ttk.com.mk