When analyzing requests and approving placements, the Bank evaluates credit ability of the client, purpose – subject of financing and compliance with legal regulations and Bank's documents, client's ability to meet obligations towards the Bank and client's credit history, security instruments for the placement, Bank's exposure to that client and related persons in accordance with the law, as well as other factors that may influence the assessment of risk category and bringing of an adequate decision.
Interest rate for using credit card or borrowing based on current account is fixed and is calculated according to the proportionate method.
For more information, please visit a local branch of Lovćen banka AD or make an appointment by phone on +382 20 205 410 or send an e-mail to: krediti.fl@lovcenbanka.me