ANNOUNCEMENT 14 Sep 2015

In September 2015, the government of Croatia announced a change in the required local inputs to serve domestic customers and a change in its trade finance instruments.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Croatian Bank of Reconstruction and Development (2015) Brodotrogir uz podr?ku HBOR-a isporucio prvi od dva tankera za norve?kog prijevoznika.
http://www.hbor.hr/brodotrogir-uz-podrsku-hbor-a-isporucila-prvi-od-d


Inception date: 14 Sep 2015 | Removal date: open ended
Still in force

Trade finance

On 14 September 2015, the Croatian Bank for Reconstruction and Development (HBOR), announced that the Croatian Shipyard Trogir successfully delivered the first of the two chemical tankers to their Norwegian client Blystad Group. 
 
The construction of the chemical tanker was financed by HBOR in cooperation with the commercial bank Ionian Club. HBOR's support is one implementation of the the "Risk Sharing Model". The total finance volume is USD 86,000,000.
 
The "Risk Sharing Model" is a loan program in which HBOR takes part of the repayment risk of loan by a commercial bank onto its books.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
Inception date: 14 Sep 2015 | Removal date: open ended
Still in force

Local sourcing

On 14 September 2015, the Croatian Bank for Reconstruction and Development (HBOR), announced that the Croatian Shipyard Trogir successfully delivered the first of the two chemical tankers to their Norwegian client Blystad Group. 
 
The construction of the chemical tanker was financed by HBOR in cooperation with the commercial bank Ionian Club. HBOR's support is one implementation of the the "Risk Sharing Model". The total finance volume is USD 86,000,000.
 
The "Risk Sharing Model" is a loan program in which HBOR takes part of the repayment risk of loan by a commercial bank onto its books.

 
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