Summary sheet
- Credit lines - Credit lines
Through the intermediary, the loan will support small and medium-sized enterprises (SMEs) and mid-caps to foster innovation and green investments in Serbia.
The aim is to support Serbia's private sector and convergence with the EU by addressing the sub-optimal financing situation of the final beneficiaries as well as to incentivise their innovative and green investments.
The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EIB E&S standards in respect of environmental and social matters, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.