This year, HALKBANK a.d. Belgrade participates in the Support Program for small enterprises for procurement of equipment in cooperation with the Ministry of Economy and the Development Agency of Serbia, within which it supports the development of domestic economy by lending to micro and small legal entities, entrepreneurs and cooperatives.

The Ministry of Economy set aside about 6,8 milion Euros from the budget for non-refundable loans to business subjects, and HALKBANK was once again chosen as a reliable and long-term associate in the realization of the Program.

The purpose of the funds from the Program is to co-finance the procurement of:

- New equipment directly involved in the production process, i.e.:

• 1. New production equipment and/or machinery;
• 2. New equipment for transport or manipulation incorporated in production process;
• 3. New parts, specialized tools or other capital goods etc;
• 4. Machinery and equipment for improving energy efficiency and environmental aspects of production.

- New equipment for construction works, i.e.:

• 1. New Construction machinery for construction operations;

The financial framework for the implementation of the Program includes the following structure in which the grant amounts to 50% of the net value of the equipment (from 500,000 - 5,000,000 dinars), participation of the client 5%, while the remaining 45% of the net value of the equipment to be purchased will be financed by HALKBANK a.d. Beograd.

If the client has more than six employees and the total net value of the equipment to be purchased is higher than 10 million dinars, the user can finance the difference with a larger own participation or increase the credit request with the bank by this amount.

Basic loan conditions:

• - grace period 6 months
• - no flat fee
• - repayment period up to 60 months
• - the primary security is the pledge on the purchased equipment

We invite you to take advantage of the Program and contact us for any questions or concerns.

Yours,

HALKBANK a.d. Belgrade