The Serbian government has authorised the National Bank of Serbia and Finance Ministry to sign an agreement with the Italian government on a Ђ33m loan for the crediting of SMEs, Serbian Finance Minister Mladjan Dinkic said.
Speaking at a news conference at the Serbian government, he said that the loan would be granted to SMEs under very favourable conditions, with a 17-year term of payment, five-year grace period and the annual interest rate of one per cent.
Source: Invest in Serbia
