dinarisation

EBRD Opens €25 Million Dinar Factoring Facility With UniCredit Serbia

The European Bank for Reconstruction and Development (EBRD) has launched a €25 million-equivalent dinar factoring facility with UniCredit Bank Serbia, expanding access to local-currency working-capital financing for Serbian companies facing higher operating and borrowing costs. The revolving facility operates under the EBRD’s Trade Facilitation Programme and enables UniCredit Bank Serbia to finance domestic receivables denominated in Serbian dinars. It represents the first dinar disbursement under the EBRD’s existing factoring arrangement with the Serbian bank. Under factoring, companies can finance or…