Signature(s)
Amount
€ 30,000,000
Countries
Sector(s)
Serbia
: € 30,000,000
Credit lines
: € 30,000,000
Signature date(s)
21/10/2020 : € 30,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
7 July 2020
Status
Reference
Signed | 21/10/2020
20190655
Project name
Promoter - financial intermediary
EBS COVID19 CRISIS RESPONSE FOR SMES&MIDCAPS
ERSTE BANK AD NOVI SAD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
Financing to support Serbian small and medium-sized companies (SMEs) and midcaps affected by the COVID-19 crisis.
Financing of small/medium projects as well as supporting working capital needs of SMEs and midcaps in Serbia, with particular focus on the sectors most affected by the current COVID-19 crisis. This operation is part of a wider crisis support programme for the Western Balkans countries.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Related projects
Link to source
Summary sheet
Other links
Data sheet