• Documents

  • Approval procedure


contact center:
(02) 3 296 800

SME Competitiveness support Program (SME-CSP) with free technical assistance and payment of 15% grant for the borrowers,  funded by the European Union and developed by the European Bank for Reconstruction and Development (EBRD)


In cooperation with the European Bank for Reconstruction and Development (EBRD) and the European Union (EU-IPA Funds) Komercijalna Banka AD Skopje offers a credit line for advancement of the competitiveness of SME companies. The aim of the program is support to micro, small and medium enterprises in the Republic of North Macedonia for improvement of the competitiveness and harmonization with the technical standards in accordance with the EU legislation (EU Acquis Communautaire) in the field of environment protection, safety of workers, quality and safety at work.


Ultimate beneficiaries of the loan and grant Programme are domestic companies from the private sector with no more than 249 employees and having annual turnover of up to EUR 50 million or total assets of up to EUR 43 million, including sole proprietors and natural persons- independent professionals in accordance with the law of North Macedonia.


Мaximal amount of financing a single borrower shall be up to EUR 1 million (for one or more sub-loans) in one or more banks.


Purpose of the funds shall be exclusively for fixed assets and for the part of working capital which are considered as part of the investment costs. VAT is excluded.  This means the loan can be used for introducing innovative processes in the company, such as investments in industrial plants, new equipment, software, improvement of management systems in enterprises and/or any kind of improvement in terms of harmonization with the directives of the EU in the field of environment protection, safety of workers, quality and safety at production work.


Benefits to investors:  upon successfull implementation and verification of the investment project, the borrower will receive a grant incentive  of up to 15% from the lower value 1. Disbursed amount of the sub-project or 2. Investment costs for the sub-project, VAT excluded, as well as free technical assistance in preparing and optimizing the investment project from technological and financial point of view. The grant incentive and free technical assistance offered under this programme are funded by the Eropean Union.

Contact persons

Ilija Mircevski, Chief Coordinator for Corporate Lending
Phone: (+389 2) 3168-504
Fax: (+389 2) 3247-468
e-mail: ilija.mircevski@kb.com.mk

Elena Spirovska, Manager of Agriculture Lending Department
Phone: (+389 2) 3168-509
e-mail: elena.spirovska@kb.com.mk
The website of Komercijalna Banka AD Skopje uses cookies. Cookies are used to improve your user experience. More information on how to use and how to change your cookie settings can be found in the Cookies Policy document.
I accept