Short-term loans for financing liquidity of current budget deficits

We provide loans to local self-governments with a repayment period until December 31, of the current year, pursuant to the legal regulations governing such transactions. The loans are intended for financing the imbalance between income and expenses in the local budget during a fiscal year.
Public companies may make use of loans with repayment periods of up to 12 months and the loans may be approved in the form of permitted current account overdraft.

Investment loans for financing public sector projects

We provide loans to local self-governments and public companies from specially acquired credit lines intended solely for financing of investment projects, with a maturity period of up to 10 years and up to 3 years of grace period. The funds for this type of financing are secured by:

• Council of Europe Development Bank,
• European Investment Bank)
• KfW Bankengruppe
• Banca Intesa a.d. Belgrade.

The loans are intended for financing various types of public sector projects such as:

• Reconstruction of existing streets and investments in the public lighting as an improvement of energy efficiency
• Procurement of special purpose vehicles and machines by public companies and local self-governments for provision of utility services (public city transportation, street cleaning and maintenance)
• Construction and reconstruction of educational, sports and cultural facilities of public interest (schools, kindergartens, sports facilities, medical centres, etc.)
• Construction of new or reconstruction of existing sewerage, gas, heat water pipelines or el. power networks, etc.
  

tel: +381 (11) 225 83 82
e-mail: msp_centrala@bancaintesabeograd.com