Source: Tanjug | Tuesday, 03.03.2020.| 13:52
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Vojvodina government invites banks to offer credits for financing capital investments

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On behalf of the Autonomous Province of Vojvodina, the Provincial Government has invited commercial banks authorized by the National Bank of Serbia to give credit offers for the financing of capital investment expenditures of Vojvodina.

Vojvodina is looking for a long-term credit of RSD 2.4 billion, to be realized within a year.

This invitation to banks is based on the decision of the Assembly of Vojvodina on loans for the financing of capital expenditures.

The criterion for the rating of the offers and the awarding of the contract is the lowest fixed effective interest rate cited by the banks in their offers.

The Province is looking for a credit with a repayment period of six years and a grace period of 12 months. Banks may send offers by March 27.
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