Release date: 8 February 2023
Promoter – Financial Intermediary
RAIFFEISEN BANKA AD BEOGRAD,RAIFFEISEN LEASING DOO BEOGRADLocation
Description
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.
Objectives
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.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 60 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 - 29/09/2023
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).