Serbian Development Fund

Acronym
FRRS
Description

The Fund, provides very favourable loans and start-up business loans. Conditions are quite favourable, usually with 3-4 years provided for debt servicing and a year of grace period and significantly lower interest rate than the one for commercial bank loans.

As indicated in the article by E. Dejan published in the ERENET Profile, Issue Vol.II, No.2 in May 2007, the Serbian Development Fund is also a very important institution offering a number of services related to financial support to SME sector development. Through the Fund, one may primarily provide very favourable loans and start-up business loans. Conditions are quite favourable, usually with 3-4 years provided for debt servicing and a year of grace period and significantly lower interest rate than the one for commercial bank loans

 

Type
  • Agency/Fund
Country
Serbia
Contact details
E-Mail: office@fondzarazvoj.rs
Phone:+381 18 41 50 199
Fax:+381 18 41 50 200
Address:Bulevar Nemanjića 14a, 18000 Nis
Country:Serbia
Geographical focus
  • Serbia
Scientifc field / Thematic focus
  • Cross-thematic/Interdisciplinary

Entry created by Elke Dall on July 23, 2008
Modified on April 8, 2014