Program 10-40-50


We are pleased to inform you that HALKBANK has signed the Contract on Business and Technical Cooperation with the Ministry of Agriculture, Forestry and Water Management, thus accessing the Serbian Competitive Agriculture Project (SCAP) which commenced in cooperation with the World Bank in 2020 and which will last until 31.12.2024.

The project aims at improving competitiveness of family farms, cooperatives, associations and micro, small and medium enterprises. Using this project, potential borrowers may make a return of 50% value of a particular agriculture investment project.

Terms and conditions and eligibility criteria

Entitles that may apply for participation in this project:

  • New and existing clients, individual farmers, business entities (micro, small and medium) and entrepreneurs, registered as active in the Register of Farms, engaged in the purchase and processing of agricultural products, who are not eligible for non-refundable funds from the European Union Funds.

Acceptable investments:

  • Investment preparatory costs
  • Capital investments (new mechanisation, equipment, processing facilities)
  • Investment for professional and technical support and training of the borrower for the use of non-refundable funds.

Financial frame for the project implementation implies the following structure:

  • 10% participation of the borrower
  • 40% bank loan
  • 50% non-refundable

Terms and conditions of lending by a foreign bank:

  • Loan amount: 40% of acceptable project costs (of the granted amount)
  • Maturity: 24 - 60 months
  • Grace period: up to 12 months
  • Collateral for the loan in accordance with the bank’s methodology

We are inviting you to use the advantages of the Project and contact us for any questions and clarifications.