Sitemap

EBRD lends €160 million to UniCredit Bank Serbia

BYD Overtakes Tesla in Revenue

Chinese EV giant BYD surpasses Tesla in...

Sanofi Strengthens Immunology Portfolio with $1.9 Billion Acquisition of Dren Bio’s Unit

Sanofi, the French multinational pharmaceutical giant, has...

SAP SE Overtakes Novo Nordisk in Value

SAP SE’s rise to the top spot...

Carlsberg Rejoins UEFA’s Global Stage

Carlsberg's return to the European football scene...

CorD Recommends

Serbia’s Living Pavilion Blooms in Osaka

At the official opening of Serbia’s pavilion at EXPO 2025 Osaka, Commissioner Žarko Malinović stated that Serbia was proud...

Automation, Migration and Labour Shortages – A European Perspective

As Europe grapples with persistent labour shortages across key sectors, new research underscores how both automation and migration have...

Croatia and Serbia’s RETFOR Project

In a bold step towards tackling climate change through cross-border cooperation, the RETFOR project was launched as part of...

China Responds to New US Tariffs with 25% Levy on American Goods

Beijing has announced a 25% tariff on certain imports from the United States, following Washington's decision to impose new...

ProCredit Bank Clients Secure More Than Half of All Grant Funds from the Support Program for small enterprises

ProCredit Bank Serbia is one of eight banks and three leasing companies participating in the Support Program for small...

• €100 million EBRD loan for on-lending to small businesses in Serbia
• EBRD loan includes €35 million local currency loan to boost local currency use
• Additional mortgage loan of €60 million to support first-time homeowners

The EBRD is extending a €160 million financial package to UniCredit Bank Serbia to address key challenges facing the local economy.

This facility, the largest between the two banks to date, includes:

• a €100 million loan for on-lending to small and medium-sized enterprises (SMEs) to improve access to finance for this vital sector of the economy and support investments to increase competitiveness in local and international markets.
• a €35 million credit line in Serbian dinars, included in €100 million loans, to boost the use of local currency to reduce the possible effect of exchange rate volatility and increase funding options for small borrowers.
• a €60 million mortgage loan for first-time homeowners, with 60 per cent of the total loan amount allocated for lending outside the Serbian capital, Belgrade.

Zsuzsanna Hargitai, EBRD Regional Head of the Western Balkans, said: “We are pleased to further our cooperation with our long-standing partner UniCredit Bank by offering to finance in foreign and local currency to Serbian businesses and extending mortgage loans to Serbian citizens. Not only will this agreement help companies to invest and improve their competitiveness, but it will also support many people in finding a new home.”

Feza Tan, CEO of UniCredit Bank Serbia, stated: “Continuing our successful cooperation with the EBRD, we are pleased that, once again, as a responsible financial institution and a reliable partner in Serbia, we are extending our support for the development of the Serbian economy and citizens. Recognising the importance of the SME sector, a key engine of economic growth and job creation, we are striving to find ways to offer products and services that can help them improve and expand their businesses.”



UniCredit Bank Serbia is a long-standing partner of the EBRD. It is one of the leading universal banks in Serbia, with 72 branches, 1,280 employees and over 400,000 customers.

The EBRD is a leading institutional investor in Serbia. The Bank has invested more than €5 billion across 250 projects in the country to date. The EBRD is supporting private-sector development and the transition towards a green economy, as well as investing in infrastructure to boost connectivity in the Western Balkans region.

Related Articles

EBRD Investments Surge to a Record €16.6 Billion in 2024

The European Bank for Reconstruction and Development (EBRD) reported a 26% increase in investments in 2024, reaching a record €16.6 billion. This growth was...

The Foreign Investors Council held its Regular Annual Assembly

The Foreign Investors Council (FIC) held the regular annual session of the Assembly, electing the new Board of Directors, adopting the Annual and Financial...

EBRD announces the appointment of Miljan Zdrale as Regional Head of Central Europe

The European Bank for Reconstruction and Development (EBRD) is pleased to announce the appointment of Miljan Zdrale as Regional Director for Central Europe covering Croatia, Czechia, Hungary, the Slovak...

Remon Zakaria, MFIC BoD member (EBRD Head of Montenegro)

Dedicated to Greening Montenegro

MFIC is focused on the green economy, which is evident in our creation of a working group tasked with proposing key sector reforms and...

Matteo Colangeli, EBRD Regional Director for the Western Balkans

 Scaling up EBRD investments in Serbia

Commitment to reforms, strong partnerships and growing presence on the ground key to position Serbia among top recipients of investment With new investments worth nearly...

UniCredit’s Nikola Vuletić Appointed as New President of Serbian Bankers Association

Nikola Vuletić, Chairman of the Executive Board of UniCredit Bank Serbia, has been elected as the new President of the Serbian Bankers Association (UBS)...

UniCredit Group Acquires Stake in Commerzbank

UniCredit Group is pleased to announce that, through the acquisition of 4.49% from the Federal Republic of Germany, it has increased its ownership stake...

The Foreign Investors Council and EBRD Hosted Conference On Financial Services

The Foreign Investors Council of Serbia, in cooperation with the European Bank for Reconstruction and Development (EBRD), organised the second conference on financial services:...