promotional loan definition
promotional loan means a loan granted by a promotional bank or through an intermediate bank on a non-competitive, non for profit basis, in order to promote the public policy objectives of central or regional governments in a Member State;
promotional loan means a loan provided by the Originator to specific categories of customers and having more favourable conditions (e.g. reduced interest rates, an option to extend the first interest period, etc.) than loans provided to other customers.
promotional loan means a loan granted by a promotional bank or through an intermediate bank on a non- competitive, not for profit basis, with risks kept by the promotional bank, in order to promote the public policy objectives of a Member State's central or regional government;