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    Signature(s)

    Amount
    € 80,000,000
    Countries
    Sector(s)
    Serbia : € 80,000,000
    Credit lines : € 80,000,000
    Signature date(s)
    28/12/2022 : € 40,000,000
    28/12/2022 : € 40,000,000
    Link to source

    Summary sheet

    Release date
    27 December 2022
    Status
    Reference
    Signed | 28/12/2022
    20220608
    Project name
    Promoter - financial intermediary
    OTP SERBIA LOAN FOR SMES & MIDCAPS
    OTP BANKA SRBIJA AD NOVI SAD,OTP LEASING SRBIJA DOO BEOGRAD (NOVI BEOGRAD)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 80 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    Dedicated EIB loan in support of small and medium-sized enterprises (SME) and mid-caps in Serbia.

    This operation aims to finance eligible small and medium sized investments undertaken by SMEs and mid-caps in Serbia, thereby contributing to economic resilience, employment-generating activities and alleviating the economic consequences of the COVID-19 pandemic and of the current energy crisis.

    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.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    News & Stories

    General enquiries and comments

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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