"Frame loans" of Raiffeisen bank for entrepreneurs - amounts of loans and interest rates depend on credit worthiness

Raiffeisen bank in Serbia has announced that it started to approve "frame loans" indexed in CHF to small enterprises and entrepreneurs.

According to the announcement, indexing in EUR or drawing of dinars without foreign currency clause has been possible until now. The frame loan is granted on period of 24 months, on revolving basis, with the possibility of drawing and repayment of funds in the frame of the approved limit.

Enterprises and entrepreneurs can also use combination of several products of the bank: dinar loans (with or without foreign currency clause), foreign currency loans, letters of accreditation and dinar or foreign currency guarantees.

In addition to frame loans, small enterprises and entrepreneurs will be obtaining loans for capital funds and general purposes, indexed in CHF and with repayment period of up to 24 months. Amounts of loans and interest rates depend on the credit worthiness and offered guarantee.