EBRD and EU boost resilience of small businesses in Bosnia and Herzegovina News | WeBalkans

News

Find out the latest on EU-related activities and events in the Western Balkans

3/02/2021

EBRD and EU boost resilience of small businesses in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) is providing a €10 million loan to Intesa Sanpaolo Bank in Bosnia and Herzegovina for on-lending to small and medium-sized enterprises for investments in competitiveness and measures to overcome the economic downturn accompanying the COVID-19 pandemic.

 

In addition to loans, SMEs will benefit from tailored technical assistance for project preparation and implementation, as well as grant incentives worth up to 15 per cent of the total loan amount on successful project completion. The technical assistance and grants are funded by the European Union through the Western Balkans Enterprise Development and Innovation Facility.

 

Read more

Photo Credit: The European Bank for Reconstruction and Development (EBRD)

Please wait while your video is being uploaded...

Don't close this window!

Subscribe to the newsletter

I have read and understood the terms of the privacy statement.