Types of loans

Among its banking products, the Bank for Business (BpB) offers loans, letters of credit and guarantees:

• Personal loans
• Business loans

Personal loans include:

• Overdraft (“3 PAYMENT”)
• Consumer loans - cash
• Consumer loans with deposit (1/1, ½ and 1/3)
• Sale financing loans (“rainbow”, furniture, computers, vehicles, white technique, textile, etc.)
• House building
• Reconstruction loans
• Apartment purchasing loans, etc.

The conditions for receiving personal loans:
One should be an inhabitant of Kosovo,
One should have a working contract that corresponds with the terms of the loan
One should receive at least the last three salaries through BpB.Sums above 5.000 €, except the pledge, must also be guaranteed with documentation of a mortgage.

Overdraft for physical persons

Among the products offered by BpB bank, there is also the Overdraft. This product can be used by all clients of the bank as physical persons, who must fulfill these conditions:

• They must be residents of Kosovo,
• They must have 12 months working contracts,
• Must have a confirmation from the company where they work that the company will not change the bank until they fulfill the obligation towards BpB,
• They must fill and sign a declaration that they will repay the overdraft withdrawn back in time,
• For sums above 1.000,00 EUR, a movable collateral must be offered

The interest for legal persons is 1% per month, meanwhile the provision expenses are 1 % of the loan’s sum.

The overdraft stays open according to the contractual conditions for the use of the overdraft.

Business loans include:

• An overdraft for legal persons
• Creditor line (cadre loan)
• Working capital loans
• Loans for production capacity building
• Agro-business loans
• Business loans with deposits (1/1, ½ and 1/3)
• Vehicle loans
• Leasing etc.

Conditions:

To use these kind of business loans, certain conditions must be met such as:

A business registration certificate issued by MTI
The last three months of bank turnover,
Documentation about the collateral (pledge) and
Sums above 5.000 €, except the pledge, must also be guaranteed with documentation of a mortgage.

Overdraft for enterprises

Among the products offered by BpB bank, there is also the Overdraft. This product can be used by all clients of the bank as _____ persons, who must fulfill these conditions:

• They must be residents of Kosovo,

• They must be client of our bank

• Enterprises have to make a circulation last three months through  BpB

Enterprise have the right to use overdraft up in to a value of three monthly earnings and interest fee for this period is 1.3 %  for month and 1% for management costs.

The overdraft stays open according to the contractual conditions for the use of the overdraft.

The BpB bank also offers guarantees and letters of loan by request:

• Offer security
• Cash guarantees, and
• Collateral guarantees
• L/C

mortgage products and interest rates depreciation plan request for loan and guarantee

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