Funds For Lending By HAMAG-BICRO To Be Ensured Under NRRP

The scheme called “investment loans from the funds of the National Recovery and Resilience Plan” refers to giving the green light for loans provided by the HAMAG-BICRO agency for small and medium-sized enterprises for the green and digital transition, Economy Minister Davor Filipović informed the government on Thursday.

The upper limit of a loan under this scheme is €100,000 at an interest rate of 0.8%, a grace period of up to 12 months and a maximum repayment period of 10 years.

The government also adopted a programme for subsidising the interest rate with funds from the NRRP.

This scheme aims to boost the resilience and competitiveness of SMEs, and the interest rate could be subsidised up to 50%.

Loans with at least five years of repayment are entitled to this facility.

The two schemes go into effect on the day of their adoption and are in place until the absorption of all the available funds for this purpose or until 30 June 2026 at the latest.

Prime Minister Andrej Plenković described these schemes as a strong encouragement to the Croatian economy.

 

For more, check out our politics section.

 

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