UniCredit Bank has signed a Contract with the Government of the Republic of Serbia on granting loans with subsidized interest rates intended for legal entities customers of the Bank.

Companies which need a fast and simple way for financial support, UniCredit Bank offer subsidized loans for liquidity, purchase of durable working assets, the export business, investment, and to reprogram existing loans at the same bank, if the delay is no longer than 60 days (except in the case of subsidized loans for investments in dinars).

In accordance with the Regulation on the subsidized loans, the total amount of loans that banks can approve to economy is:

• From 400 up to 500 million euro (for liquidity, permanent working assets and export business, and of which 37.5 million to reprogram existing loans at the same bank)
• 150 million euro’s (for investment in the 2010th year)
• 5 million euro’s (for State enterprises engaged in purposeful production)

Types of subsidized loans

• Dinar loans with currency clause (for all purposes)
• Dinar loans (for all purposes, except in the case when investments are approved only dinar loans with currency clause)

Users of subsidized loans for liquidity, permanent working capital and export business

• Small businesses on which loans for liquidity and permanent working capital grant amounting to EUR 50,000, while the maximum amount of subsidized loans for the export business for these companies is up to EUR 100,000
• Medium-sized enterprises which are loans for liquidity and permanent working capital grant of up to EUR 500,000, while the maximum amount of subsidized loans for export after EUR 2 million
• Large companies that loans for liquidity and permanent working capital grant of up to EUR 2 million, while the maximum amount of subsidized loans for export is EUR 8 million
• All of the above, regardless of whether they are used, and in what amount, subsidized loans in 2009. year

Users subsidized loans for investment

• Small businesses where these loans are granted amounting to EUR 200,000 while mainly exporters are granted in the maximum amount of EUR 400,000
• Medium-sized enterprises where these loans are granted amounting to 1.5 million Euros, while mainly exporters are granted in the maximum amount of EUR 3 million
• Large enterprise where these loans are granted amounting to EUR 4 million while mainly exporters are granted in the maximum amount of EUR 8 million

Repayment period

• Up to 12 months for liquidity loans, permanent working capital and export business
• Up to 5 years with a grace period of 6 to 12 months for loans for investments

Interest rates and fees for the users

• For loans in RSD with currency clause liquidity, permanent working capital and export business interest rate is 4.4%, while the one-time fee to 0.5%
• For the dinar liquidity loans, permanent working capital and export business interest rate is formed as a reference rate of the NBS reduced by 1.5%, while the one-time fee to 0.5%
• For the dinar loans with currency clause for the investment rate is formed as the sum of the three-month EURIBOR plus 4%, while the one-time fee to 1%
• For the investment loans with the guarantee of the Development Fund in the amount of 75% of the loan interest rate is formed as the sum of the three-month EURIBOR plus 2%, while the one-time fee to 1%

Subsidized interest rates to the Bank

• For the dinar loans with currency clause liquidity, permanent working capital and export activities: 4% per year
• For the dinar liquidity loans, permanent working capital and export duties: 5% per year
• On loans for investment: 3.5% per annum on the remaining debt