Current liquidity support loan
Loan amount
300 KM - 10.000 KM
Repayment
18 months
Loan processing fee
2% od of approved loan (min. 20,00 KM)
Interest rate
Regular interest: 18% fixed
Default interest: 10%
Grace period
No
Additional costs
Bill of exchange 5,00 KM · Certification 4,00 KM
EKS*: 24,37%-60,54%
Example of Effective Interest Rate Calculation (EKS)
| Type of loan | Loan amount | Repayment | NKS | Processing costs | EKS |
|---|---|---|---|---|---|
| Credo Revolving | 10.000,00 KM | 10 months | 18,00% | 2,00% (min. 20,00 KM) | 24,24% |
* The stated Effective Interest Rates (EIR) are calculated on maximum loan amounts and maximum repayment terms as well as on minimum loan amounts and minimum repayment terms.
Informative annuity calculation
| CREDO REVOLVING | |||||
|---|---|---|---|---|---|
| Loan amount | 3 mjeseca | 6 months | 10 months | 12 months | 18 months |
| 300,00 KM | 103,00 | 52,70 | |||
| 500,00 KM | 171,70 | 87,80 | |||
| 1.000,00 KM | 343,40 | 175,50 | 108,40 | 91,70 | |
| 2.000,00 KM | 686,80 | 351,10 | 216,90 | 183,40 | 127,60 |
| 3.000,00 KM | 1.030,20 | 526,60 | 325,30 | 275,00 | 191,40 |
| 5.000,00 KM | 1.716,90 | 877,60 | 542,20 | 458,40 | 319,00 |
| 10.000,00 KM | 3.433,80 | 1.755,30 | 1.084,30 | 916,80 | 638,10 |
* All credit products are linked to the EURO currency clause.
* MKD Credo Center presents / approves loans in KM indexed in EUR at the middle exchange rate of the CBBH on the day of drafting the contract.