Banka ProCredit sh.a, Rr. “Dritan Hoxha” Tirane, Shqipëri

BULLETIN OF LOAN INTEREST RATES

Last modification: 15 December 2015

Private loan

Consumer loan

Education loan (max. term 60

months)

Renovation loan Loan for buying

Real Estate (max. term 240

months)

(max. term 60 months)

Overdraft Loan

Loan for new cars < = 10.000 EUR

(max. term 60 months)

> 10.000 EUR (max. term 120

months) ( max. term 84 months)

AL

L

Interest rate 13% 11% - 13% 9%-11% 10%-12% 10%-12% 6%-8%

Tribor 12M +1% up to+3% (MIN 5%)

(FIX up to 36 months)

(FLEX over 36 months) N/A

Tribor 12M +6% up to+8%

Tribor 12M +5% up to+7%

Tribor 12M + 5% up to7%

Tribor 12M +5% up to +7%

Tribor 12M +1.5% up to+3.5%

(MIN 9%) (MIN 9%) (MIN 9%) (MIN 8%) (MIN 5.5%)

EU

R/U

SD

Interest rate 11% 10% - 12% 8%-10% 9%-11% 9%-11% 5%-7%

EB/LB 12M + 4% up to+6% (MIN 5%)

(FIX up to 36 months)

(FLEX over 36 months ) N/A

EB/LB 12M + 7% up to+9%

EB/LB 12M +6% up to+ 8%

EB/LB 12M +6% up to+8%

EB/LB 12M + 6% up to+8%

EB/LB 12M + 5% up to+7%

(MIN 7%) (MIN 7%) (MIN 7%) (MIN 6.5%) (MIN 5%)

Disbursement fee 0% 2% 2% 2% 1% 1%

LOAN & OVERDRAFT GUARANTEE WITH DEPOSIT

Deposit and Loan/ Overdraft with same currency

TDA covers 110% of loan amount. Minimum of Loan/ Overdraft 100,000 ALL or 1,000 EUR/ USD

Interest on TDA offered as guarantee in currency and term of loan/ overdraft +2%.

0.5%

Minimum 1 month OVD

3 months loan

Deposits and Loan/ Overdraft with different currency

TDA covers 120% of loan amount/overdraft minimum Loan/ Overdraft ALL 100,000 or EUR/USD 1,000

TDA covers 120% of loan amount/overdraft 0.5%

Minimum 1 month OVD

3 months loan

CREDIT CARD

Guaranteed with deposit ALL 30,000 – 500,000

EUR 250 – 5,000 Transaction commission TDA 110% of CCA with same currency

TDA 120% of CCA with different currency

Salary Receiver with PCB ALL 30,000 – 500,000

EUR 250 – 5,000 Transaction commission 300% of salary

SOV - Overdraft on salary.

Explanation: Reference interest rates are: EB = Euribor 12 months LB = Libor 12 months TB = Tribor 12 months 1. For financing up to 36 months, we offer loans with a fixed interest rate (FIX).

2. For financing over 36 months, we offer loans with a flexible interest rate (FLEX).

DELAY INTEREST

Interest on arrears for all types of loan Penalty interest for arrears: 36% p.a. on the overdue amount**

OVERDRAFT

Overdraft salary/private individual/business Penalty interest for arrears: 30% p.a. on used amount of overdraft***

Overdraft salary/private individual/business Penalty interest for arrears: 30% p.a. on used amount of overdraft

** example: If the next instalment is ALL 10,000 (ten thousand) and it is due on 5 January and the borrower does not pay, on 10 January he/she is obligated to pay the amount ALL 10,100 (ten thousand and one hundred) including a penalty of ALL 100 for 5 days calculated as follows: ALL 10,000/ instalment* 73% p.a. / 360 days (daily penalty)* 5 days in arrears for instalment payment. *** example: In case of arrears, if ALL 50,000 of the overdraft has been used and on the closing date the principal and interest has not yet been repaid, then as of the next day, the penalty interest will be 30% and for every day in arrears, the interest is calculated as: 30%/365 days * ALL 50,000 * number of days in arrears after the maturity date.

Notarised declaration for release of property after the loan is fully repaid

ALL 500

Loan liability certification ALL 500

For all loans in EUR, instalments in the payment plan will be rounded to the nearest whole number of EUR. For all loans in ALL, instalments in the payment plan will be rounded to the nearest whole number of ALL. The minimum size of instalments on a payment plan is EUR 5 equivalent. If the value of your ALL instalment drops below EUR 5, you are obliged to top up the difference based on the current exchange rate..

EARLY PAYMENT OF LOANS, OVERDRAFTS

Consumer Loan

If the period between early repayment and the maturity date of the loan is exceeds 1 year, the compensation shall not be more than 1% of amount repaid before maturity.

If this period does not exceed 1 year, the compensation shall not be more than 0.5% of the amount repaid before maturity.

Please note that the commission for early repayment does not apply in the following cases: a) If payment is made on the basis of an insurance agreement in case of the occurrence of events specified in agreement b) For early repayment of overdraft or credit card amounts c) If the early repayment takes place during a period in which the interest rate was not fixed

Mortgage Loan

If the period between early repayment and maturity date of loan is over 1 year, the compensation shall not be more than 2% of the amount repaid before maturity.

If this period does not exceed 1 year, the compensation shall not be more than 0.5%

Please note that the commission for early payment does not apply if payment is made on the basis of an insurance agreement in case of the occurrence of events specified in agreement.

Loans for legal entities and physical entities with VAT

Currency Turnover

Floating capital loan Fixed assets loan Investment loan

Maturity 0-36 months Maturity 36 -120 months Maturity 120-180 months

ALL

Up to ALL 35,000,000 8.5% - 12.5% Tribor 12 m + 2% up to + 5% MIN 6% Tribor 12 m + 2% up to+ 4% MIN 6%

ALL 35,000,001 – 200,000,000 7% - 11%

Tribor 12 m + 1.5% up to +4% MIN 5.5% Tribor 12 m + 1.5% up to+ 3% MIN 5.5%

Over ALL 200,000,000 6% - 10% Tribor 12 m + 0.5% up to+1.5% MIN 4.5%

EUR/ USD

Up to ALL 35,000,000 8% - 11% Euribor + 5% up to+ 8 % MIN 7.5% Euribor + 4% up to+ 7.5% MIN 7%

ALL 35,000,001 – 200,000,000 6.5% - 9.5%

Euribor + 4.5% up to+ 7% MIN 6.5% Euribor + 4% up to+ 6.5% MIN 6%

Over ALL 200,000,000 6% - 8% Euribor + 4% up to+ 6% MIN 6% Euribor + 3.5% up to+ 5.5% MIN 5.5%

Notes: Interest rate for business overdraft is 0.5% higher than for standard overdraft. Interest rate for credit line is 0.25% higher than for standard loan. Administration fee = 0.5% to 1.5% Interest rate on loans subject to change, depending on turnover and business location.

For loans without collateral, the rate is 1% higher than the rate for a term of up to 36 months.

For loans in USD, Libor and the same rate as in the table above shall be applied.

Loans for physical entities with VAT and professionals.

Currency Floating capital loan Fixed assets loan Investment loan

Maturity 0-36 months Maturity 36-180 months

ALL 11% - 14% Tribor 12m + 5% up to + 8% MIN 8%

EUR / USD 10% - 13% Euribor + 7.5% up to + 10% MIN 8%

Notes:

The interest rate for business overdrafts is 1% higher than the rate for standard overdrafts.

The interest rate for credit lines is 0.5% higher than for standard loans.

Administration fee = 1.5%-2%

For loans without collateral, the price is 1% higher than the rate for a term of up to 36 months.

For loans in USD, Libor and the same rate as in the table above shall be applied.

Loan interest rate for Registered Businesses

Financing Collateral Floating capital loan Fixed assets loan

Maturity 0-36 months Maturity 36-60 months

Loan exposure in ALL Yes 18%-20% Tribor 12m + 10% up toTribor 12m + 12 %

No 19% up to 21% Tribor 12m + 11% up toTribor 12m + 13 %

Loan exposure in EUR/USD Yes 15% up to 17% EUR + 13% up to EUR + 15%

No 16% up to 18% EUR + 14% up to EUR + 16%

Notes:

The interest rate for business overdrafts is 1% higher than for standard overdrafts.

The interest rate for credit lines is 0.5% higher than for standard loans.

Administration fee = 2%.

Loan for agricultural business with farmer licence and physical entities

Currency Loan with exposure Floating capital loan Loan for fixed assets and Investment

Maturity 0 - 36 months Maturity 36 - 60 months Maturity 60 - 120 months

ALL

Up to ALL 1,400,000 14% - 17% Tribor + 8% up to+ 11% MIN 10% n.a

ALL 1,400,001 – 4,000,000 12% - 15% Tribor + 6% up to+ 9% MIN 9% Tribor + 5.5% up to+ 8% MIN 8%

ALL 4,000,001 – 7,000,000

11% - 14% Tribor + 5% up to+ 8% MIN 8% Tribor + 4.5% up to+ 7.5% MIN 7%

ALL 7,000,001 – 20,000,000 8% - 11% Tribor + 4% up to+ 6% MIN 7% Tribor + 3% up to+ 5% MIN 6%

ALL 20,000,001 – 35,000,000 7% - 10% Tribor + 3% up to+ 5% MIN 6% Tribor + 2.5% up to+ 4.5% MIN 5.5%

EUR USD

EUR/ USD 5,000 – 10,000 13% - 16%

Euribor + 9% up to+ 11% MIN 11% n.a

EUR/ USD 10,001 – 30,000 11% - 14% Euribor + 8% up to+ 10% MIN 10% Euribor + 7% up to+ 9% MIN 9%

EUR/ USD 30,001 – 50,000 10% - 13% Euribor + 7% up to+ 9% MIN 9% Euribor + 6.5% up to+ 8.5% MIN 8.5%

EUR/ USD 50,001 – 150,000 8% - 11% Euribor + 6.5% up to+ 8.5% MIN 8.5% Euribor + 5.5% up to+ 7.5% MIN 7.5%

EUR/ USD 150,001 – 250,000 7% - 10% Euribor + 5.5% up to+ 7.5% MIN 7.5% Euribor + 4.5% up to+ 6.5% MIN 6.5%

Notes:

Administration fee = 1% - 2%

For loans without collateral, the rate is 1% higher than the rate for loans with a maturity of up to 36 months.

For loans with a maturity of up to 36 months and for fixed assets and investments, the interest rate on the Price List is reduced by 1%.

For loans in USD Libor and the same rate as shown in the table above will be applied.

Loan supported from Eufor legal entities and physical entities with VAT

Currency Turnover Loan supported by EU

Maturity 0 - 36 months Maturity 36 - 84 months

ALL

Up to ALL 35,000,000 11.5% Tribor 12 m + 3% MIN 6%

ALL 35,000,001 – 200,000,000

10% Tribor 12 m + 2% MIN 5.5%

Over ALL 200,000,000 9% Tribor 12 m + 0.5% MIN 4.5%

EUR

Up to ALL 35,000,000 10.5% Euribor + 6.7% MIN 7.5%

ALL 35,000,001 – 200,000,000

9% Euribor + 5.7% MIN 6.5%

Over ALL 200,000,000 7.5% Euribor + 4.7% MIN 6%

Loan supported by EU for physical entities without VAT and professionals

Currency Loan supported by EU

Maturity 0-36 months Maturity 36 -84 months

ALL 13% Tribor 12m + 6% MIN 8 %

EUR 12% Euribor + 8.2% MIN 8%

Note:

Administration fee = 1.5 %

Notes: 1. A fixed interest rate is applied for financing with a maturity of up to 36 months. 2. A flexible interest rate is applied for financing with a maturity of over 36 months. 3. All loans for the purchase of energy efficient equipment will benefit from a 1% discount from standard loans with fixed interest rates. The discount of 1% will also apply to the spread

(for FLEX rates) but not below the minimum interest rate. (example: For loan “Energy Efficiency” with interest rate EB/ LB+5%, min 9%, the discount rate will be EUR+4% and min=9%)

Note 1: Interest will be calculated on an annual basis with 360 (for loans)/365 (for overdrafts) days and interest every months will be calculated over the remainder of the principal* annual interest of loan/360 days * number of days in the month. Example: for a loan of ALL 500,000, maturity 12 months and nominal interest of 2% per month or 24% per year, interest is ALL 68,800 Note 2: The EURIBOR/ LIBOR that apply to loans will be defined as of the last day of the previous month, while Tribor will be defined as of the date of the last auction held by the Bank of Albania. The applicable EURIBOR/ LIBOR will change every 12 months from the time of disbursement, while fixed interest rates remain unchanged throughout the duration of the loan. The interest rates which apply after 12 months will be calculated according to the same method as at the time when the loan was issued. Note 3: Effective interest rate (NEI) is the total cost of the loan for clients expressed as an annual percentage of the loan.

Note 4: Minimum flexible rate (Euribor/Libor/Tribor+Spread) for loans in EUR, USD and ALL as stated in the above Price List.

Note 5: The total cost of the loan includes all expenses including interest, commission and every expense the client pays towards the loan agreement (insurance premiums and expenses for services if the services are required for the client to benefit from the loan).

Example 1: For a loan in the amount of ALL 700,000 with a maturity of 36 months, the nominal rate applied is 17%; commission is 2%. The effective interest rate (NEI) for this loan is 20.09%.

Example 2: For a loan in the amount of ALL 2,000,000 with a maturity of 60 months, the nominal interest rate is Tribor +10% per year, commission 2%. (Current Tribor = 7.7%) The effective interest rate (NEI) for this loan is 20.32%.

EARLY REPAYMENT OF LOANS, OVERDRAFTS

Business overdrafts Commission for early repayment is 3% over the last negative balance in account (min EUR 100 or equivalent in ALL/USD).

All types of loan Commission for early repayment is 3% over instalment (min EUR/USD 100 or ALL 15,000).

Loan guaranteed with financial guarantee 1% over remaining principal if the remaining period is up to 1 year, 2% if the period is more than 1 year.

Overdraft guaranteed with financial guarantee Commission for early repayment 0%

Change of collateral with notarised declaration Commission for collateral change ALL 1,500

Change of collateral with loan agreement * Commission for collateral change ALL 3,000

For loan approved with 0% commission Commission for early payment 5% of loan principal, min. EUR/USD 100 or ALL 15,000

Commission for partial repayment** 3% of amount

* If ProCredit Bank requires a collateral valuation from an architect or specialist, expenses for the valuation, notarisation of the agreement and the assignment of the guarantee in favour of ProCredit Bank will be charged to the borrower.

** Partial repayment of a loan is the advance payment of at least six instalments on the loan outstanding.

For more information, please contact your nearest Service Point of ProCredit Bank Albania.

List of Prices for Collateral Evaluation

Collateral Price (All)

Collateral Evaluation (The Full Evaluation Report)

Apartment 12,000

Villa, Cottage, Country house 18,000

Residential Building 36,000

Stores, Offices 15,000

Restaurant, Hotel, Gas Station 40,000

Multifunctional Building, Business Center 66,000

Land Plots 17,000

Factories, Plants 58,000

Supermarket, Storehouse 31,000 Land + Building functioning as Business Units, Offices, Pubs, Shops 23,000

Land + Building (Barn) 23,000

Agricultural Land 14,000/12,000/18,000

Simplified Collateral Evaluations (Exposures up to 50’000 Eur and limited properties)

Apartment 8,000

Villa, Cottage, Country house 12,000

Residential Building 25,000

Stores, Offices 10,000

Land Plots 11,000

Land + Building (Barn) 16,000

Evaluation of Movable Property

( Evaluation Report)

Vehicle 4+1 7,000

Vehicle 8+1 10,000

Trucks, Autobuses 15,000

Production Lines <50'000 EUR 21,500

Production Lines >50'000 EUR 45,000