First loans from the liquidity financing program in Serbia

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The first clients of NLB Bank were granted 17 million euros in loans from the loan program for financing liquidity and working capital in accordance with the Decree on the Guarantee Scheme of the Government of Serbia, it is stated in the announcement.
Interest in loans from this program, as it is added, is extremely high and the bank has so far received requests for financing in the amount of 40 million euros. Most of the demand comes from clients dealing with trade, manufacturing and civil engineering, and the largest part of the demand comes from the segment of small and medium enterprises.
Member of the Executive Board of NLB Bank Vladimir Vukovic pointed out that NLB Bank prepared in a short time for the realization of loans to support the economy, especially that part of it that felt the consequences of the COVID-19 epidemic the most – small and medium business.
NLB Bank has also prepared for the payment of one-time assistance to the citizens of Serbia, it is stated in the announcement, Nova reports.