Last Updated March 24, 2010
Serbian bank receives €30mn credit line from EBRD.
Serbia’s Banca Intesa Beograd has received a €30mn credit line from the European Bank for Reconstruction and Development to help it back small and medium-sized businesses.
The bank will use the funding to make loans of up to €2.5mn. The facility is part of a €100mn package the EBRD has provided to three of Intesa Sanpaolo Group’s subsidiaries in Bosnia, Hungary and Serbia.
Last year the EBRD gave Banca Intesa Beograd a €10mn line for financing energy efficiency investments undertaken by Serbian companies.
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