Prishtina, May 15, 2014 – In order to support the development and improvement of competitiveness of very small, small, medium and agricultural businesses, ProCredit Bank launches the "Investment Loans" service with favorable interest rates and at 0% administrative costs.
Apart from preferential rates, other benefits of this type of loan are the option of flexible loan repayment, which is done through grace periods, and the possibility of repayment of the loan for up to 10 years.
From this investment loan offered by ProCredit Bank will be able to benefit:
- businesses that invest in their operations in order to expand and/or increase their efficiency;
- agribusinesses and farmers that invest in the purchase of agricultural land and/or increase their capacity.
The General Director of ProCredit Bank Mr. Ilir Aliu has stressed that ProCredit Bank continues to contribute to the integration and balanced economic development of Kosovo, by leading with initiatives and offers that suit current trends and business needs.
In these cases, customers' needs for long-term investments are often addressed through short-term financing. Therefore, ProCredit Bank is committed to offering customers favorable financing structures, access to low cost funding and repayment plans suitable for various types of investment.
“As a trusted partner for businesses in Kosovo, our bank continues to contribute to integration and balanced economic and social development. Through this credit line, businesses in Kosovo can concentrate on investment and long-term plans, because these types of investments make the difference," said Mr. Aliu.
Business clients are also financed by ProCredit Bank by using funds from the European Investment Bank, the European Investment Fund and the Guarantee Fund by USAID an
