EB SERBIA SOCIAL IMPACT INCENTIVE LOAN

Promoter – Financial Intermediary

ERSTE BANK AD NOVI SAD

Location

• Serbia

Description

The operation consists in a blended facility with Erste Bank AD Novi Sad to support small and medium-sized enterprises (SMEs) and mid-caps in Serbia to foster gender equality and social inclusion.

Objectives

The aim is to address the sub-optimal financing situation of the final beneficiaries as well as incentivise their socially-inclusive practices in the areas of gender equality, youth employment and social inclusion.

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 11 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

Approved - 10/01/2025