Development Bank disbursed the third tranche of the credit line for the investment and development of companies
The Development Bank disbursed the third tranche in the amount of 41.3 million euros to intermediary banks for 175 approved projects of domestic companies, from the credit line for investment and development.
Most of the funds from this tranche are intended to finance 91 projects of small companies and 19.5 million euros for investments in equipment. By activity structure, most of the funds from this tranche were disbursed to support companies that operate primarily in the field of production, in the amount of 13.6 million euros.
The tranche structure by type of investment is as follows: 45% in construction, 47% in equipment, 2% in renewable energy sources, and 6% in investments for transportation vehicles. These funds support 9 micro, 91 small, 57 medium, and 18 large companies in the country.
- loans to support women's entrepreneurship
- loans for green investments
- loans for digitization
- annual interest rate up to 3.5%
- via intermediary banks
The Development Bank disbursed the third tranche in the amount of 41.3 million euros to intermediary banks for 175 approved projects of domestic companies, from the credit line for investment and development.
Most of the funds from this tranche are intended to finance 91 projects of small companies and 19.5 million euros for investments in equipment. By activity structure, most of the funds from this tranche were disbursed to support companies that operate primarily in the field of production, in the amount of 13.6 million euros.
The tranche structure by type of investment is as follows: 45% in construction, 47% in equipment, 2% in renewable energy sources, and 6% in investments for transportation vehicles. These funds support 9 micro, 91 small, 57 medium, and 18 large companies in the country.
- loans to support women's entrepreneurship
- loans for green investments
- loans for digitization
- annual interest rate up to 3.5%
- via intermediary banks
The Development Bank of North Macedonia is a development bank that is 100% owned by the Republic of North Macedonia. It was founded in 1998 with the primary goal of supporting domestic micro, small, medium, and export-oriented trading companies and strengthening the competitiveness of the Macedonian economy. The bank supports domestic companies through direct and intermediated lending, short-term insurance of the export of Macedonian products and services against commercial and political risks, domestic factoring and export factoring with recourse, as well as issuing guarantees.
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