banca intesa

EBRD and Banca Intesa Serbia Develop €127.5 Million SME Financing Framework

A proposed €127.5 million financing package between the European Bank for Reconstruction and Development (EBRD) and Banca Intesa Serbia would expand access to targeted funding for small and medium-sized enterprises, including financing for working capital, investment, renewable energy and energy efficiency. The programme could provide up to €100 million for working-capital and investment financing for Serbian companies. As much as 30% of that amount could be directed toward renewable-energy and energy-efficiency projects. The proposed package also includes dedicated facilities for…