Signature(s)
Amount
€ 60,000,000
Countries
Sector(s)
Serbia
: € 60,000,000
Credit lines
: € 60,000,000
Signature date(s)
29/09/2023 : € 30,000,000
29/09/2023 : € 30,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
8 February 2023
Status
Reference
Signed | 29/09/2023
20220698
Project name
Promoter - financial intermediary
RBRS-RLRS LOAN FOR SMES&MIDCAPS
RAIFFEISEN BANKA AD BEOGRAD,RAIFFEISEN LEASING DOO BEOGRAD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 60 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The loan will support small and medium sized investments carried out by small and medium sized enterprises (SMEs) and Mid-Caps located in Serbia, with a partial dedication to climate action projects.
The aim is to contribute to economic resilience, employment-generating activities and alleviating the economic consequences of the COVID-19 pandemic and of the ongoing energy crisis. The operation will also contribute to climate action, therefore supporting Serbia's green transition.
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.
Milestone
Under appraisal
Approved
Signed
20 April 2023
29 September 2023
Link to source
Summary sheet
Other links
Data sheet