A written consent of INVEGA is only necessary where the material terms and conditions or requirements for the provision of the guarantee specified in the INVEGA decision are amended:

  • reduction of the loan amount
  • modification of the loan repayment schedule
  • cancellation/sale/replacement of mortgaged assets or sureties
  • change in the intended purpose of the loan
  • amendments to other terms and conditions specified in the INVEGA decision

It is necessary to specify how the particular term is being amendment during the amendment of the terms and conditions.

A written consent of INVEGA for the amendment of the terms and conditions for the issue of loans is not necessary (the credit institution should preferably notify INVEGA in writing of the amendments made) where:

  • the deadline for the drawdown of the loan is postponed under the decision of the credit institution
  • the interest rate/margin is reduced/increased
  • the asset mortgage period is modified
  • additional assets are mortgaged to secure the repayment of the loan or additional sureties, promissory notes are provided under the decision of the credit institution
  • the credit institution requests the assets provided under the first mortgage to secure the loan guaranteed by INVEGA to be re-mortgaged
  • the currency of the loan is changed (the credit institution must notify INVEGA indicating the outstanding amount of the loan to be changed and the new amount of the loan, new schedule in the new currency and new interest rate of the loan)

De minimis questionnaire

Clarification of the amendment to the guarantee terms and conditions

Request for an amendment to the terms and conditions of the guaranteed loan

Request for an amendment to the terms and conditions of the guaranteed loan for large companies

INVEGA decision to change the loan currency (as amended on 22 August 2008)

INVEGA decision to change interest 2 (as amended on 16 October 2009)

INVEGA decision to change interest 1 (as amended on 31 October 2008)

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