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Reading: More than 3 Million BAM of Federal Treasury to Encourage Industry
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Sarajevo Times > Blog > BUSINESS > More than 3 Million BAM of Federal Treasury to Encourage Industry
BUSINESS

More than 3 Million BAM of Federal Treasury to Encourage Industry

Published January 10, 2014
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vlada federacijeThe government of FB&H has made a decision to allocate 3.525.000 BAM, in accordance to the request of 15 companies from the sector of food, textile, leather and footwear, military , chemical, rubber and plastic, wood and paper, construction, metal and automotive industries, announced on the website of the Government of BPC Goražde.

It is about loan funds to encourage industry development, with repayment deadline of 5 years, grace period of one year and interest rate of  0.9%.

The funds will be distributed through Union bank Sarajevo, which will have contracts with customers on all the important elements regarding the loan.

(Source: Ekapija.com)

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