Hypo-Alpe-Adria bank announced credits for public companies

Source: Danas Thursday, 13.04.2006. 11:45
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With 500 millions eur of credit placements to the commerce and population and with around 400 millions eur of credits which central bank approved to its biggest clients in Serbia during the last year, and also with 120 millions eur placed through leasing, Hypo Alpe Adria Bank added to the Serbian market more than one billion eur. The average interest rate for the commerce debts was 11.4%, in short-term credits, and 8.4% in long-term approved credits from the credit portfolion of Hypo-Alpe-Adria Bank in Serbia. As announced by the member of the management of this bank, Marcus Ferstl, Vladimir Cupic and Rade Vojinovic, the newest thing in this bank's business making would be crediting of public companies, local departments and large infrastructural projects.
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