The loan in foreign currency is intended primarily for the clients with a sufficient collection in foreign currency on an account in Komerční banka Bratislava.

The loan is medium or long-term and is generally granted upon the condition that the client covers 30% of the purchase price from his/her own funds. The funds must be deposited in advance on an account with Komerční banka Bratislava.

The repayment of the loan should be primarily based on the client's current business outside the company whose shares or ownership interest are to be purchased. The repayment of the loans for share purchases cannot be documented by incorporating the dividends claimed. These are only considered as a reserve.

The loan is drawn as a non-cash transfer for direct payment into the seller's account. If the client intends to purchase the shares in the stock exchange the deal can only be made through Komerční banka Bratislava as a broker. The loan is repaid gradually, on the dates agreed in a loan contract and from the client's funds.

A variable or fixed interest rate is used for this type of loan. The client pays the interest monthly or quarterly on the dates agreed in the loan contract. The method of charging interest is also agreed in the contract. The loan for the purchase of shares or ownership interest is granted in EUR or in selected foreign currencies.

For further information on this product or to order it immediately, please contact your Relationship manager or write to us on our e-mail address koba@koba.sk.