EBRD provided a new credit line of 10 million euros for additional financing for small and medium-sized enterprises, News
he European Bank for Reconstruction and Development (EBRD) in cooperation with 3 Bank provided a new credit line of 10 million euros for additional financing for small and medium-sized enterprises in Serbia.
“The loan agreement of 10 million euros in local currency, which was signed with 3 Bank, will improve the availability of financing for micro, small and medium-sized enterprises, including agribusiness and farmers,” the announcement states.
About 75 percent of the credit line, it says, is intended for financing clients outside the Belgrade region.
The funds will be allocated to small businesses and entrepreneurs.
The announcement states that 3 Bank “is specialized in microfinancing, providing micro, rural, agro and SME loans and other financial services to clients in Serbia who usually do not have access to financial services from traditional banks”, Nova Ekonomija reports.
- March 25, 2023 Europe revives mining to reduce dependence on the import of key raw materials, the advantages of Serbia as materials supplier
- March 8, 2023 Calcium Carbonate Industry, Reshaping the Market Growth, Serbian supplier to match European industrial demand
- February 28, 2023 Serbian exploitation miner Belkalhan could become EU primary supplier of Graphite critical raw material
- February 28, 2023 Calcite/calcium carbonate premium quality supplier from Serbia opening supply contracts for 24,25, pharmaceutical/chemical/food processing industry opportunity for JV
- February 16, 2023 Serbian Belkalhan calcite & graphite mining developer invites JV partners for joint critical raw materials exploitation
- February 15, 2023 Petroprocess to modernize EPS power plant CEMS system with state of the art equipment
- March 27, 2023 Serbia borrowed another 6.21 billion dinars through bonds
- March 27, 2023 Serbia is opening a new gate of diversification for gas supply
- March 27, 2023 Air Serbia operates according to the summer flight schedule