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Dedicated COVID-19 multi-beneficiary intermediated loan (MBIL) to support small and medium-sized enterprises (SMEs), midcaps and public sector entities and contribute to mitigating the COVID-19-induced economic impact in Montenegro.
This facility is part of the EIB's economic response to the COVID-19 pandemic crisis and contributes to the €1.7 billion EIB financial support package in the Western Balkans (WB) region. The loan aims at mobilizing funding resources to mitigate the impact of the COVID-19 crisis in Montenegro, by financing of small/medium projects carried out by small and medium-sized enterprises or local authorities.
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.
This operation is covered by the ELM Guarantee.
This loan is an allocation under the WB COVID-19 Response - Public Sector and NPBs Programme Loan.