EBRD channels €30 million to Serbian SMEs via Komercijalna Banka

Komercijalna Banka

The European Bank for Reconstruction and Development (EBRD) is boosting support to private entrepreneurs in Serbia by increasing access to finance for small and medium-sized enterprises (SMEs).

The Bank will extend a three-year loan of €30 million to Komercijalna Banka, the second-largest bank in Serbia by assets, who will then on-lend to its SME clients across the country, with a focus on rural areas and regions outside the capital.

The transaction will help to diversify Komercijalna Banka’s funding base, enable continued liquidity in the SME loan market and promote private sector investment and economic recovery.