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EUR 100 million for SMEs in Serbia

SerbiaPosted by Chambers of Commerce Sweden - Southeast Europe Tue, November 27, 2012 20:31:58
The European Investment Bank (EIB) has signed two loans totalling EUR 100 million in Serbia with two local financial institutions in support of the projects of small and medium-sized enterprises (SMEs) as well as infrastructure schemes promoted by local authorities. The loans are designed to assist Serbia in its efforts to integrate into the European Union.
"The loans will improve the access of Serbian SMEs and mid-cap companies to long-term financing provided on favourable terms” said Dario Scannapieco, the EIB Vice-President responsible for the Western Balkans, “and I am really pleased with our cooperation with the Serbian authorities and Serbian financial institutions." More details here.

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