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+Article 12 2. |
Article 12 2.The loan shall be subject to the following conditions:
(a)
the borrowing DGS must repay the loan within five years. It may repay the loan in annual instalments. Interest shall be due only at the time of repayment;
(b)
the interest rate set must be at least equivalent to the marginal lending facility rate of the European Central Bank during the credit period;
(c)
the lending DGS must inform EBA of the initial interest rate and the duration of the loan. 1. Ħarsa ġenerali
1.1 Referenzi1.2 Rekwiżiti identifikati1.3 Standards relatati2. Rekwiżiti identifikati
3. Standards relatati
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