1.075.000 BAM Loan for ”Binas” Company

At today’s session, the FB&H government adopted the decision on approving the loan for the company “Binas” from Bugonjo, in the amount of 1.075.000 BAM, with the repayment period of 60 months, which includes a one year grace period and with an annual interest rate of five percent.

The loan is granted from the funds collected on the account of commission projects from the Kuwaiti fund for development in the amount of 575.000 BAM and the Saudi Fund for development in the amount of 500.000 BAM.

This loan will be used for the implementation of the contract that “Binas” has already signed, to develop new production, to purchase machines, to prepare workshops for foundries explosion, etc, announced the Office of Public Relation of the FB&H government.

(Source: Fena)