SARAJEVO
Turkey started to implement 100 million Euro loan program for Bosnia and Herzegovina's development.
The loan program aims to finance sustainable return of people to their homelands which they had to leave during the war, agriculture, production and tourism and develop Bosnia and Herzegovina's economy.
The loans will be granted through Turkish Ziraat Bankasi and Bosnia Bank International. Loans can be repaid in ten years, and the interest will be 0-3.99 percent.
During Third Sarajevo Business Council, Turkey's Deputy Prime Minister Ali Babacan had announced Turkey's decision to grant 100 million Euro finance to Bosnia and Herzegovina through Ziraat Bankasi under reasonable conditions to finance sustainable return, agriculture, rural development and tourism projects.
