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    Reference: 20210099
    Release date: 12 March 2021

    Promoter – Financial Intermediary

    BANCA INTESA AD BEOGRAD

    Location

    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 COVID-19 pandemic, the operation will support Banca Intesa Beograd to finance liquidity needs and 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, with particular focus on the sectors most affected by the COVID-19 crisis. This operation is part of a wider crisis response programme for the Western Balkan countries.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 40 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 - 29/06/2021

    Disclaimer

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

    Related tags

    Serbia Credit lines