Bank’s existing clients or new ones facing cash flow problems related ONLY to the situation created due to enforced measures against COVID-19 and that fulfil the following criteria:
- Risk Share (principal only):
- 70% of risk taken by ADGF for new clients of the Bank;
- Maximum loan ceiling amount: Euro 500,000 (or equivalent in Albanian Lek);
- Currency: ALL, FX only in exceptional cases;
- Loans:
- Only new loans;
- No refinancing or restructured existing facilities;
- In case of loans to existing borrowers, loan quality should be classified as normal and current;
- Concurrent Loans per business borrower are allowed if the existing loan balance has been settled without any delays;
- Loan types: working capital and overdrafts only (revolving credit lines if applicable)
- Maturity:
- Working Capital: maximum 36 months;
- Overdrafts: 12 months;
- Investments Loans: maximum 84 months;
- Maximum borrower’s loan amounts: not to exceed EUR 1,000,000 (or equivalent in Albanian Lek);