Erste Agricultural Loans

Empower your business and enjoy the fruits of your work!

Erste Agricultural Loans are not offered to non-residents

Key Information - Loan in kuna

Interest rate

from 4,87% fixed for up to 24-month terms

Maximum amount

220.000 kuna minimum amounts starting at 700 kuna

Loan processing fee

1% maximum 600 kuna,
no fee for loans up to 2 years

*Interest rate is dependent on the business relationship between the borrower and the bank, and on the Bank’s assessment of borrower’s credit risk. For loan amount of 50,000 Kuna, interest rate of 6.15%, repayment term of 24 months, calculated on 01/01/2017, effective interest rate (EIR) is 6.34%, monthly annuity 2,219.41 Kuna, and total amount to be repaid by the borrower is 53,265.89 Kuna.

Key Information - Loan in euro

Repayment

up to 10 years

Maximum amount

30.000 euro

Loan processing fee

1% maximum 600 kuna,
no fee for loans up to 2 years

*Interest rate is dependent on the business relationship between the borrower and the bank, and on the Bank’s assessment of borrower’s credit risk. For loan amount of 30,000 Euro, interest rate of 4.611%, repayment term of 120 months, and 600.00 kuna fee, calculated on 01/05/2018, effective interest rate (EIR) is 4.89%, monthly annuity 312.52 Euro and total amount to be repaid by the borrower is 37,583.83 Euro.

Interest rate

 

Fixed

  • 5,45% to 5,65%

Variable (linked to 12M Euribor)

  • 4.611% to 4.811%

Enables you to


finance current business activities, harvest and animal feeding, purchase supplies


finance long-term planting, purchase and expand initial stock


invest in dairy production


make other agricultural investments (purchase land, build facilities, etc.)

Other Benefits


  • Repayment terms starting from 3 months
  • Possibility of single repayment for loans in Kuna with up to 12 months repayment term
  • Possible to choose interest rate type and currency, based on loan amount and repayment term
  • Possible to request higher loan amounts for agricultural investments