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EBRD channels €30 million to Serbian SMEs via Komercijalna Banka

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EBRD Supports Western Balkans Fight COVID19

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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.

Day Of Serbian Diplomacy Marked

On the Day of Diplomacy, Minister of Foreign Affairs Ivica Dačić presented tennis player Novak Djoković with an award for exceptional personal engagement and...

Austria Donates Funds To Serbia To Fight COVID-19

Austrian Federal Minister for Europe, Integration and Foreign Affairs Alexander Schallenberg and EU and Constitution Minister Karoline Edtstadler attended the handover of aid from...

Air Serbia To Increase The Number Of Flights In June

The national airline of Serbia, Air Serbia, due to increased demand, will increase the number of flights on certain routes to which it is...

Audience-attended Outdoor Sporting Events To Start On 1 June

The crisis response team for fighting COVID-19 made new decisions today in accordance with the current epidemiological situation in Serbia From 1 June, all citizens...

Slovakia Supports Serbia’s Fight Against COVID-19

The newly appointed ambassador of the Slovak Republic in Belgrade, Fedor Rosocha, handed over a check in the amount of 10,000 euros to the...