International Asset Bank

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International Asset Bank offers three pilot schemes /products/ for small and mid-size enterprises crediting

8 March 2007

International Asset Bank shall grant target credits supporting the development of small and mid-size enterprises through the resources provided by Encouragement Bank under Kreditanstalt für Wiederaufbau’s program. Small and mid-size enterprises (SME) form the basis of European economics and they are most sensitive to the changes in business environment. That is why for IABANK small enterprises are basic motor of innovation, generation of employment and social and local European integration. In this respect IABANK has developed a specific product supporting the process of project development and application under EU-programs to optimize SME’s readiness and competence on EU-finds absorption. The Bank shall grant credits to small and mid-size companies for circulating capital and investment projects to the amount of EUR 51,000.00. Final term for credit payment shall be 3-year’s time.