HBOR: Loans for liquidity of tourist communities

Due to the consequences caused by the COVID-19 pandemic, the Croatian Bank for Reconstruction and Development (HBOR) has provided tourism communities with financing for the current...

Author  Goran Rihelj

29. April 2020.
Due to the consequences of the COVID-19 pandemic, the Croatian Bank for Reconstruction and Development (HBOR) has enabled tourist communities to finance their current operations and settle short-term liabilities through the "Working Capital" lending program, which is implemented through commercial banks. The fiscal interest rate for short-term and short-term revolving loans is 2,00% per annum, while for long-term loans...
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Author  Goran Rihelj

29. April 2020.