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Croatian Bank for Reconstruction and Development (HBOR), from the National Recovery and Resilience Plan (NRRP), has allocated funds for subsidized interests for loans to micro, small and medium-sized enterprises (SME) and mid-cap and large entities.
Interest rate subsidy is implemented within following HBOR programs:
Private sector investment,
Youth, Women and Start-Up entrepreneurs, and Other Special Segments Entrepreneurship and
EU projects
In addition, there is a possibility of subsidizing interest rate under NRRP for mid-cap and large business entities for which the NRRP guarantee has been approved.
Following investments are eligible:
Investments in green and/or digital transition,
Investments in specific areas of the Republic of Croatia and/or RDI (research, development and innovation),
Other investments in competitiveness and resilience.
All investments under this Financial Instrument must be aligned with the principle "do no significant harm" ("Do No Significant Harm").
The financial instrument will be implemented until the available funds have been disbursed in full, and no later than until 30 June 2026.
The views and opinions expressed are those of the author only and do not necessarily reflect the official views of the European Union or the European Commission. Neither the European Union nor the European Commission can be held responsible for them.
SME
Mid-cap and large entities
HBOR programs
Private sector investment,
Youth, Female, Start-Up and Other Special Segments Entrepreneurship and
EU projects
Private sector investment,
EU projects
Purpose of Loans
Investments in fixed assets - tangible and intangible assets (working capital: up to 30% of the contracted loan amount)
Regular interest rate subsidised by HBOR
Green and/or digital transition- Interest rate reduction of up to 75%, but to a maximum of 3.00 p.p.
Special areas of the Republic of Croatia and/or RDI (research, development and innovation) - Interest rate reduction of up to 65%, but to a maximum of 3.00 p.p.
Other investments in competitiveness and resilience- Interest rate reduction of up to 50%, but to a maximum of 3.00 p.p.
Green and/or digital transition- Interest rate reduction of up to 75%, but to a maximum of 2.00 p.p.
Special areas of the Republic of Croatia and/or RDI (research, development and innovation) - Interest rate reduction of up to 65%, but to a maximum of 2.00 p.p.
Other investments in competitiveness and resilience - Interest rate reduction of up to 50%, but to a maximum of 2.00 p.p.
Highest possible amount of subsidised interest rate for a single loan
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