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Sarajevo Times > Blog > OUR FINDINGS > OTHER NEWS > Assembly of FB&H Development Bank: Support to Disadvantages Areas
OTHER NEWS

Assembly of FB&H Development Bank: Support to Disadvantages Areas

Published: June 12, 2014
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Razvojna banka fbihGovernment of FB&H today in the function of Assembly of FB&H development bank adopted several decisions in regard to ensuring funds for rehabilitation of damages from natural disaster.

The Management proposed and Assembly of Development Bank accepted that the entire last’s years profit of 3.273.376,49 BAM to be directed to areas affected by the natural disaster and paid to the donor account.

Also, the decision on the formation of a credit line to the Development Bank for financing of current assets in the flooded areas in FB&H was made. Funds will be administered on a repayment period of three years, with a grace period of six months and an interest rate of two percent per year, announced PR Office of the FB&H government.

(Source: Fena)

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