Source: Tanjug | Monday, 10.08.2020.| 13:46
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Development Fund Approves Another 36 Credits Worth RSD 396.2 Million

(Photo: eivanov/
The Development Fund has approved another 36 loan requests worth a total of RSD 396,279,270, as a means of financial support to companies in the conditions caused by the COVID-19 pandemic.

At the most recent session of the Managing Board, the fund approved 24 liquidity loans worth RSD 223,250,000. Also, five credits worth a total of RSD 28,350,000 were approved for companies in tourism, hospitality and passenger transport, the fund announced.

When it comes to investment credits for legal persons and entrepreneurs under the Program of Inciting Development of Entrepreneurship Through Development Projects in 2020, six credits worth a total of RSD 136,679,270 and grants worth a total of RSD 34,126,074 were approved.

Also, a long-term loan for permanent working assets was approved, amounting to RSD 8,000,000, and one liquidity loan request was declined at the same session.
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