deutsche bank

Serbia secures €178.38 million loan from Deutsche Bank for Belgrade Metro construction

The Government of Serbia has approved a Bill to confirm a credit agreement with Deutsche Bank (Hong Kong branch) for up to €178.38 million, aimed at financing the construction of the Belgrade Metro. The loan will be made available for five years, with JKP Belgrade Metro and Train as the beneficiary. The repayment period for the loan is set at 13 years, which includes a 5.5-year grace period. The interest rate will be variable, based on the 6M EURIBOR plus…