News dalla rete ITA

20 Ottobre 2021

Bosnia Erzegovina

BOSNIA ERZEGOVINA: EBRD AND EU STEP UP SUPPORT FOR SMALL BUSINESSES IN BOSNIA and Herzegovina

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to €5 million to UniCredit Bank a.d. Banja Luka in Bosnia and Herzegovina to improve access to finance for local small and medium-sized enterprises (SMEs).The loan is being provided under the Bank’s SME Competitiveness Programme, through which local SMEs can access well-structured finance, as well as incentive grants worth up to 15 per cent of their loan amount, making their investments more affordable.Participating small businesses will also be offered technical assistance to help prepare and implement their investments. The grants and technical assistance are being financed by the European Union (EU).UniCredit Bank a.d. Banja Luka will lend the funds to SMEs for investment purposes, so that they can upgrade their production facilities to make them compatible with EU standards in areas such as environmental protection, worker safety and product quality. At least 60 per cent of the loans will go to investments that support the green transition.The financing will increase the competitiveness of local enterprises and give them greater opportunities to succeed on the domestic, regional and international markets.  UniCredit Bank a.d. Banja Luka is one of the largest banks in the Republika Srpska, one of the two entities constituting Bosnia and Herzegovina. The bank has 36 branches spanning almost all major cities and towns and 435 employees. It became an EBRD partner in December 2014. This is the third credit line the EBRD has extended to UniCredit Bank in Bosnia and Herzegovina under the programme.Since it began operating in Bosnia and Herzegovina in 1996, the EBRD has invested more than €2.7 billion in 190 projects across the country. (ICE ZAGABRIA)


Fonte notizia: EBRD, 15.10.2021