Source: Danas | Monday, 25.07.2005.| 14:13
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Erste bank Austria approved credit of €40m to Development Fund of Republic of Serbia

Austrian Erste bank, the owner of Novosadska banka, has approved credit of €40m to the Development Fund of Serbia, which is intended for financing of small and mid-sized enterprises and export promotion. The repayment period is seven years, whereas the fixed interest rate amounts to 4.5% on annual basis.

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