OHR: Economic Newsletter, Vol. 2, No. 1 - MAIN CREDIT LINES OPERATING IN BIH
Office of the High Representative Economic Newsletter


Back to the Main Document

MAIN CREDIT LINES OPERATING IN BIH AS OF END JANUARY 1999 (all amounts in KM)
Program Name Implementing Agency Donor(s) Operational Since Geogra-phical Coverage Total Size of Credit Line (without revolving resources) Loan Range Annual Interest Loan Maturity Grace Period Number of Loans Disbursed Average loan size Total Amount Disbursed (including revolving resources)
IFC IFC IFC end 1997 BiH n/a 1,000,000- 100,000,000 approx.10% up to 8 years up to 2 years 4 4,927,000 19,710,000
USAID Business Development Program USAID Business Finance (BRFF) US Gov.t Jun-96 85% of loans in US SFOR Sector 446,976,000*** 50,000 - 1,000,000 Libor +4% 3-5 years up to 12 months 398** 590.000 190,000,000
Transition Assistance Credit (TAC) IBF (FMOF till Jan 1998) World Bank end 1996 Fed. of BiH 47,969,000 Up to 1,000,000 9.5% up to 3 years up to 12 months 208 327.907 68,204,727
Emergency Recovery Project (ERP) IBF (PCU till Jan 1998) World Bank, Dutch Trust Fund, Italy Jul-96 Fed. of BiH 35,000,000 Up to 300,000 9.5% up to 2 years up to 6 months 360 180.566 65,003,894
Small and Medium Enterprise Fund (SMEF) KfW Austria, Switzerland, Germany Nov-98 BiH 7,200,000 5,000 - 100,000 12% - 16% up to 5 years up to 6 months 11 36.000 395.000
Forestry and Engineering Industry Reconstruction BOR BiH/DDRR* Japan 1996 Fed. of BiH 21,402,733 n/a 2% 4 years none 108 149.000 21,402,733
BOR (Malaysia) BOR BiH Malaysia 1996 Fed. of BiH 14,863,000 n/a 3%; Libor (USD) 2011 ;
2001
5 years (for loans up to 2011) 1 year (for loans up to 2001) 11 1,278,105 14,059,151
BOR(Belgium) BOR BiH Belgium 1998 Fed. of BiH 4,850,000 n/a 3% end 2006 5 years 3 1,617,000 4,844,439
Export Support Credit Line IBF IBF (part of TAC and ERP Revolved Funds) 1998 Fed. of BiH 16,501,000 Up to 950,000 4% to banks approx.10% to borrowers 18 months to banks 6 months to borrowers 6 months to banks 64 257.828 16,501,000
Non-Project Grant Assistance Crown Agents Japan end 1997 BiH 21,000,000*** Up to 5,530,000*** 3%-6% (RS) n/a (Fed) up to 15 months (RS) n/a (Fed.) 3-6 months (RS) n/a (Fed.) 68 420,186*** 28572706***

Source: All data have been provided to IMG by the following Implementing Agencies/ Donors: IFC; USAID; IBF; BOR; KfW;Crown Agents and RS Aid Co-ordination and Development Unit

* DDRR (Drzavna Direkcija za Robne Rezerve)

** The figure refers to the number of loans approved

*** Original figures in USD and Yen ; Exchange rate USD/KM = 1.746; JPY/KM = 0.014

Economic Task Force Secretariat