Tuesday, November 30, 2021, 1:30 p.m.
The European Bank for Reconstruction and Development has announced that it has approved a senior unsecured loan of € 15 million to Bosnian company Raiffeisen Leasing to support local small and medium-sized enterprises (SMEs).
The funding will be used to provide leasing to SMEs, including the financing of green assets and contribute to the objectives of the Financial Intermediaries Framework (FIF), supporting competitiveness and resilience, the EBRD said in a position paper. of the project.
The loan will be extended in two installments, of 8 million and 7 million euros, said the EBRD.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing worthy journalism is an expensive endeavor. For 27 years, the editors, editors and reporters of the Budapest Business Journal have strived to bring you business news that works – information that is reliable, factual, accurate and presented without fear or favor.
News organizations around the world have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer this same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our Support BBJ button and you can choose how much and how often you send us your contributions.