The credit line will bolster lending to private businesses in the form of working capital lines and investment loans, in particular, to SMEs operating in economically less-developed areas of the country, the EBRD said in a statement.
The credit line will support the post-pandemic recovery of Serbia's economy and strengthen its resilience in the medium and long term.
It will further increase SME access to local-currency loans in Serbia, where euro loans account for more than 60% of the banking sector's loan portfolio.
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