The acting director of the Investment Development Bank of the Republic of Srpska, Dražen Vrhovac, said last night that the Serbian-Russian forum, to be held next year in the spring in Banja Luka, would be a great opportunity for domestic businessmen.

– That forum is a very significant event because there is interest from Russian businessmen, and we notified our top management and competent ministries to engage in its organization – said Vrhovac.

He said that the IDB was receiving a lot of enquiries from citizens regarding housing loans, interest rates, whether they would change or not.

– Our interest rates are fixed and in case of the Euribor exceeding three percent, our interest rate is adjusted. It is guaranteed that the interest rate cannot exceed five percent, regardless of how much the Euribor rises – emphasized Vrhovac.

He said that the IDB interest rate for housing loans was fixed.

Speaking about the results of IDB’s operations, Vrhovac said that, although not all financial reports were completed, it was already evident that a significant financial result would be achieved, adding that a net profit of BAM 17.4 million was generated last year compared to 2020.

According to him, the IDB has so far disbursed more than three billion BAM to various beneficiaries.

Vrhovac said that the IDB had no problems with the repayment of disbursed funds, reminding that since 2016 the funds were being disbursed through financial intermediaries, the commercial banks, and that all risk was assumed by the commercial bank.

He said that the IDB constantly had new plans in its operations, citing as an example the installed application, i.e. the database dealing with donor funds.

– The IDB collects all calls and a businessman or local community needs only to access that database and leave their email contact. We will notify them of all public calls that are compatible with their activities, and together we will write applications for projects – added Vrhovac.

He also recalled that after the IDB building had caught fire earlier, all the bank’s records remained intact.

Source: RTRS-SRNA

Photo: SRNA