Darko Liović, HAMAG INVEST, Croatia

Croatian Agency for SMEs
Croatian
Agency
for
SMEs
AND INVESTMENTS
and investments
The
new INVEST
role of HAMAG
INVEST
HAMAG
Guarantee
model
in promoting the development of
Croatian economy
International conference on guarantee models in EUROPE
October 3. 2013. - Budapest
HISTORY AND DEVELOPMENT
Thank you for your attention
•
Founded in 1994. as the Croatian guarantee agency
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Evolved to HAMAG INVEST in 2012.
CROATIAN AGENCY FOR SMEs AND INVESTMENTS
PRILAZ GJURE
Established by the government
of theDEŽELIĆA
republic of 7Croatia
10000 ZAGREB
CROATIA
National guarantee, development
and investment promotion agency
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•
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Tel: +385
1 488 1003of the Ministry of
Independent institution under
the supervision
Entrepreneurship and Crafts
Fax: +385 1 488 1009
E - mail: hamaginvest@hamaginvest.hr
www.hamaginvest.hr
BUSINESS MODEL
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•
•
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Thank you for your attention
Issues guarantees for SME loans, financial leasing, performance
guarantees
HAMAG INVEST issues first call guarantees
Issues CROATIAN
guaranteesAGENCY
through FOR
the ex-post
system
using the network
SMEs AND
INVESTMENTS
of business banks PRILAZ GJURE DEŽELIĆA 7
Guarantee decisions are 10000
madeZAGREB
on a case-by-case scenario in an
effort to control the guarantee
risks
CROATIA
Cooperates with all business banks in Croatia
Tel: +385
1 488ups
1003
Also issues letters of intent
for start
– ex ante approach
Fax: +385 1 488 1009
E - mail: hamaginvest@hamaginvest.hr
www.hamaginvest.hr
STATE AID RULES
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Thank you for your attention
HAMAG INVEST issues all guarantees as state aid
Guarantees are issued in accordance with de minimis and GBER
state aid rules
De minimis
state aid
is calculated
in accordance
with the
CROATIAN
AGENCY
FOR SMEs
AND INVESTMENTS
simplified methodology
PRILAZ GJURE DEŽELIĆA 7
GBER state aid is calculated
inZAGREB
relation with the financial
10000
standing of the entrepreneurCROATIA
Maximum guarantee is 80% of credit principal
Tel: +385 1 488 1003
Fax: +385 1 488 1009
E - mail: hamaginvest@hamaginvest.hr
www.hamaginvest.hr
KEY FIGURES
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With the adoption of the first call guarantees the number of
issued guarantees is constantly rising
243 guarantees issued in 2012; 500 expected this year
Total default rate since 1995. remains low with a 5% historical
CROATIAN AGENCY FOR SMEs AND INVESTMENTS
rate
PRILAZ GJURE DEŽELIĆA 7
In 2013. we expect the outstanding guarantees portfolio to
10000 ZAGREB
exceed 100ml EUR
Thank you for your attention
CROATIA
Tel: +385 1 488 1003
Fax: +385 1 488 1009
E - mail: hamaginvest@hamaginvest.hr
www.hamaginvest.hr
KEY FIGURES
Thank you for your attention
CROATIAN AGENCY FOR SMEs AND INVESTMENTS
PRILAZ GJURE DEŽELIĆA 7
10000 ZAGREB
CROATIA
*Expectation
Tel: +385 1 488 1003
Fax: +385 1 488 1009
E - mail: hamaginvest@hamaginvest.hr
www.hamaginvest.hr
COUNTER GUARANTES, RISK MANAGEMENT
Thank you for your attention
•
HAMAG INVEST plans to use EIF counter guarantees (signing
expected)
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CROATIAN
FOR
SMEs
AND INVESTMENTS
Risk is reduced
withAGENCY
a case by
case
guarantee
approval
PRILAZ GJURE DEŽELIĆA 7
10000 ZAGREB
CROATIA
Tel: +385 1 488 1003
Fax: +385 1 488 1009
E - mail: hamaginvest@hamaginvest.hr
www.hamaginvest.hr
CURRENT CHALLENGES
Thank you for your attention
•
Effort to help the Croatian SMEs in times of difficulties in the
Croatian economy
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CROATIAN AGENCY FOR SMEs AND INVESTMENTS
PRILAZ GJURE DEŽELIĆA 7
State aid challenges ahead
10000 ZAGREB
CROATIA
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Structural funds perspective
Tel: +385 1 488 1003
Fax: +385 1 488 1009
E - mail: hamaginvest@hamaginvest.hr
www.hamaginvest.hr
Thank
Thank you
you for
foryour
yourattention
attention
CROATIAN
AGENCY
FOR
SMEs
andINVESTMENTS
investments
CROATIAN
AGENCY
FOR
SMEs
AND
PRILAZ
GJUREDEŽELIĆA
DEŽELIĆA 77
PRILAZ
GJURE
10000 ZAGREB
10000 ZAGREB
CROATIA
CROATIA
Tel: +385 1 488 1003
Tel: +385 1 488 1003
Fax: +385 1 488 1009
Fax: +385 1 488 1009
E - mail: hamaginvest@hamaginvest.hr
E - mail: hamaginvest@hamaginvest.hr
www.hamaginvest.hr
www.hamaginvest.hr