CHF
EUR
GBP
USDInvestment projects financing
- Financial assistance and consultation
- Assistance with the preparation of project documentation, cash flows, - -
- Schedules for debt servicing, economic reasoning
- Structured financing
- Assistance with the preparation of project documentation, cash flows, - -
- Schedules for debt servicing, economic reasoning
- Structured financing
Objective
To finance municipal investment projects in the following fields:
Road infrastructure
Ecologic infrastructure
Industrial zones
Urban development
IT technologies and networks
Gas Supply Network
Energy efficient projects
Social projects
Amount
Up to BGN 10,000,000.00.
Debt liquidation term
As defined in tender documentation
Servicing
As defined in tender documentation
Annual interest rate
Basic interest rate + an extra as negotiated;
Security
Pledge on future receipts and additional security, property of the credit applicant or third parties, approved by the Bank on the grounds of market evaluation formalized by licensed assessor.
Fees and commission charges
As defined in tender documentation
Additional terms
• Bank servicing of municipality’s budget on accounts opened with INTERNATIONAL ASSET BANK AD.
• Insurance of the security in favor of the Bank until credit payment.
• Option for advance servicing without a penalty charge.
Additional services
• Opening of card accounts of municipality officers for direct payroll transfer.
• Possibility for overdraft with card accounts.
• Possibility for deposit accounts with flexible operation of the funds thereto.