Less than two weeks until the first bank auction for loans and guarantees, everything is uncertain. Entrepreneurs are seeking low interest rates, banks are looking for programs that are too few, and HBOR neither seeks anything nor knows anything.
I know that I know nothing – this Socratic acknowledgment is the only thing that entrepreneurs and bankers currently know about the criteria for granting aid. Although we are less than two weeks away from the first bank auction for loans and guarantees, the criteria for allocation are still in the realm of the mysterious and inscrutable. Entrepreneurs only know that they urgently need loans. They also know that they do not want interest rates higher than five or six percent. Banks know even less than that. HBOR knows the least. At the development bank, they say their phones have been ringing off the hook, but they cannot help entrepreneurs because the interest rate at which banks will lend HBOR two billion kuna has not yet been negotiated. Negotiations are also ongoing regarding the risk-sharing ratios. It is also known that a special aid package is planned for construction companies. And that would be all the concrete information available. Therefore, it is not surprising that banks offer the same response: – Given that not all specific information and technical details related to the support programs are yet known, we cannot provide more detailed comments and requested assessments – the banks state.
