Loans for small and medium-sized enterprises at more favourable conditions

| 31.07.2013

Thanks to cooperation with the European Investment Fund and the Slovenský záručný a rozvojový fond (Slovak Guarantee and Development Fund), small and medium-sized enterprises can apply for more favourable loans with a total volume of EUR 60 million at Tatra banka.

On 28 March 2013, Tatra banka signed an agreement with the European Investment Fund (EIF) and the Slovenský záručný a rozvojový fond (SZRF) under the JEREMIE initiative. Thanks to guarantees provided by the EIF and SZRF, from July 2013 to June 2015 small and medium-sized enterprises can be provided with loans of up to EUR 60 million at a lower interest rate, and with lower need for loan security.

New loans under the JEREMIE initiative are designed for small and medium-sized enterprises:

  • based in Slovakia, 
  • with up to 250 employees, 
  • with annual turnover up to EUR 50 million, 
  • with balance sheet total up to EUR 43 million,
  • funded investment must be based in Slovakia, outside the districts of Bratislava, Malacky, Senec and Pezinok,
  • maximum loan amount is EUR 1.2 million, with up to 10-year maturity period.

The project is supported under the Competitiveness and Economic Growth Operational Programme, co-financed from the European Regional Development Fund and the Slovak state budget under the JEREMIE initiative.

This year Tatra banka continues the set trend to support the segment of small corporate clients, and seeks to be closer to clients through a wide range of branches and corporate banking specialists and business advisers.

In products for small and medium-sized enterprises, Tatra banka brings customised solutions that meet the needs of enterprises starting or developing their business. The Bank continues to further simplify client access to loans, also by reducing the number of documents needed for loan applications.

As in other segments, the Bank's priority in the large corporate client segment is in particular to ensure further growth of business with an emphasis on the healthy growth of the loan portfolio, and the sale of other corporate products meeting client needs.

Contact for additional information:

Marína Smolková
02/5919 1593 | 0911 328 007

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