Source: Novosti | Thursday, 01.01.1970.| 10:34
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Credi Agricole offers 100.000 credits in Serbia, they invest into the waters of Serbia, food, shipbuilding and 8 hotels in Vrnjacka spa

After the Italian Findomestic bank (strategic partner of Nova banka ad Belgrade), a new offer comes from the greatest European bank group Credi agricole (strategic partner of Meridian bank) which provided 100.000 various purpose loans to the citizens, short-term ones, up to 3 years. The bank group Credi agricole has, as a strategic partner, accepted Meridian bank with its 620 employees in 75 branch banks and other organizational units, where 22.000 companies and small enterprises do business. They put in 20,4 million euros in the business of Meridian bank. They delivered what they had promised: the real "flood" of credits in the Serbian financial space. Another promise, however, has not been delivered. Under current circumstances the credits cannot be cheaper, which means that the the interest rate would range between 12 and 18%. What influences the price of a credit is the projected profit of the very bank, additional costs, the price of the capital in various markets.

The Paris bank group provided a wide range of crediting for the citizens - for furniture, home appliances, scholarships, automobiles, apartment adaptation. The deadline is 3 years. The bank would also finance the brand of Serbia. Above all, that is water which is in affluence in Serbia, then agriculture and in the end - shipbuilding. In Vrnjacka spa this bank group anticipates the investment of 5 to 10 million euros for the adaptation of 8 hotels.

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