
Raiffeisen bank has lowered the interest rates on checking account overdraft for micro-enterprises and entrepreneurs with annual incomes of up to 500,000 EUR.
It is written in the statement of that bank that the clients who provide an instrument of security (guarantee, mortgage, pledge) or direct major part of business through Raiffeisen bank, will be approved new, lowered interest rate that ranges between 1.8 and 1.66%.
Interest rate is paid only on the funds the enterprise or entrepreneur spent during the month.