Q:
A:
Successful realisation of Italy's first loan tranche for SMEs
Belgrade,
7 March 2006
The National Bank of Serbia (NBS) stated today that small and medium-sized enterprises (SMEs) in Serbia have so far been granted seven loans totalling €5.1 million from the loan provided by the Italian government. This means that the Italian government's first loan tranche has been successfully realised.
The average loan was €730,000, the payment period approximately 90 months and the nominal interest rate 4.9% per year. Thanks to the realisation of these loans, conditions have been created for granting further loans worth €10 million, adds the statement.
In 2005, the Italian government granted a €33.2 million credit line to Serbia for the development of SMEs.
NBS stated it expects the second loan tranche to be soon available to SMEs, who are very interested in the loan, which is why it could be used up by the end of May this year.
Italian Ambassador to Serbia-Montenegro Alessandro Merola said that after the realisation of the second tranche, it will be possible to begin talks on a new loan for the development of SMEs in Serbia.
In 2005, the Italian government granted a €33.2 million credit line to Serbia for the development of SMEs.
NBS stated it expects the second loan tranche to be soon available to SMEs, who are very interested in the loan, which is why it could be used up by the end of May this year.
Italian Ambassador to Serbia-Montenegro Alessandro Merola said that after the realisation of the second tranche, it will be possible to begin talks on a new loan for the development of SMEs in Serbia.
-
Belgrade/Athens, 17 July 2025Serbia continues to align with EU in field of energy
-
Kostolac, 14 July 2025First solar power plant Petka in Kostolac put into trial operation
-
Belgrade, 11 July 2025Potential for improving cooperation with Belarus in many areas
-
Požega, 5 July 2025Section of Pakovraće - Požega highway officially opened
-
Belgrade, 2 July 2025Technical specifications defined for Serbia-Hungary oil pipeline
-
Belgrade, 30 June 2025IMF confirms Serbia successfully implementing all agreed reforms
-
Belgrade, 27 June 2025Double Taxation Avoidance Agreement with Germany signed
-
Kostolac, 25 June 2025Construction of Kostolac wind farm nearing completion
-
Belgrade, 24 June 2025Government supports request for new postponement of sanctions against NIS
-
Belgrade, 23 June 2025Procedures to facilitate sale of Serbian products to China to be accelerated