Central Cooperative Bank AD provides credit for the implementation of projects under European programmes, which are financed through grants under different European programs.

Deductible of at least 20% of the total project costs, excluding VAT, is required.

The funding from the Bank can take the form of a prospective loan and/or bank guarantees.

When receiving the grant under the program, the borrower partially repays the loan with it.

Deadline for repayment:

Depending on the project type, purpose and return, but not more than 10 years.

Interest rates:

Interest rates are floating and are determined depending on the credit risk, the amount of the loan and the type of currency.


The object of financing is required to be provided as collateral for the loan granted, and additional collateral may be required in the form of other assets of the borrower or third parties formed in accordance with the statutory procedures, including:

  • Real estate;
  • Movable property;
  • Guarantees;
  • Cash;
  • Third party receivables, etc.