HBOR Enabled Exporters to Finance the Purchase of Shares of Foreign Companies
For the Croatian economy to be able to become more internationalised, the Croatian Bank for Reconstruction and Development has made it possible, by amending the General Eligibility Criteria, to finance the purchase of shares of foreign companies.
HBOR will finance transactions by which exporters registered in the Republic of Croatia purchase shares of foreign companies aiming to expand and internationalise their businesses. Buying shares of a company that already operates in an export market, that has a well-established business and necessary permits and certificates can be a simpler and faster way to enter a foreign market.
With this decision, HBOR has, as an export bank and export credit agency, expanded its range of services intended for exporters. Lending is carried out under the Private Sector Investment programme, and the interest rate is determined for each application separately. Exporters' direct investments outside the Republic of Croatia contribute to increasing competitiveness also through the adoption of new knowledge and technologies, which is one of the prerequisites for the sustainable development of the Croatian economy.
HBOR will finance transactions by which exporters registered in the Republic of Croatia purchase shares of foreign companies aiming to expand and internationalise their businesses. Buying shares of a company that already operates in an export market, that has a well-established business and necessary permits and certificates can be a simpler and faster way to enter a foreign market.
With this decision, HBOR has, as an export bank and export credit agency, expanded its range of services intended for exporters. Lending is carried out under the Private Sector Investment programme, and the interest rate is determined for each application separately. Exporters' direct investments outside the Republic of Croatia contribute to increasing competitiveness also through the adoption of new knowledge and technologies, which is one of the prerequisites for the sustainable development of the Croatian economy.