News
26 May 2020

EBRD agrees €40m Serbian SME financing to Eurobank

Region:
Europe

Small and medium-sized enterprises in Serbia will benefit from better access to finance thanks to a €40 million loan provided by the European Bank for Reconstruction and Development to Eurobank.

It will be on-lent to private businesses which have seen a decrease in activity, turnover and profitability amid the corona-virus outbreak. This is leading to payment delays and liquidity issues for the whole economy, so increased financing can help bridge the financing gap.

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