ADVERTISEMENT

EBRD and Banca Intesa Beograd expand access to finance for businesswomen

Banking

pixabay

Businesses in Serbia will benefit from a new EUR 8 million loan from the European Bank for Reconstruction and Development (EBRD) to Banca Intesa Beograd for on-lending to local small- and medium-sized enterprises led by women. 

Photo by pixabay

The new loan will help Banca Intesa Beograd meet the growing demand from clients following the coronavirus crisis and will further support access to finance for female entrepreneurs, the EBRD said in a statement.

This is the fourth time the EBRD has provided finance to the Serbian lender under its flagship Women in Business program. The initiative is supported by donor funds from Sweden and Luxembourg. 

ADVERTISEMENT

Household income improved in Q1 Analysis

Household income improved in Q1

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

Spring’s allergy season - the heat is on Interview

Spring’s allergy season - the heat is on

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.