Release date: 16 March 2021
Promoter – Financial Intermediary
UNICREDIT BANK SRBIJA AD BEOGRADLocation
Description
Dedicated EIB loan in support of small and medium-sized enterprises (SMEs) and mid-caps in Serbia. As part of the overall response to the COVID-19 pandemic, the operation will support UniCredit Bank Serbia to finance liquidity needs and other eligible investments promoted by Serbian SMEs and mid-caps affected by the COVID-19 crisis
Objectives
Financing of small and medium-sized projects as well as supporting working capital needs of SMEs and mid-caps in Serbia affected by the COVID-19 crisis. The operation is part of a wider crisis response programme for the Western Balkan countries.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 28/06/2021
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).