The European Bank for Reconstruction and Development (EBRD) is further supporting access to finance SMEs in Serbia, by commencing cooperation with NLB Komercijalna Banka (NLBKBB). The Bank is extending a €15 million loan to NLBKBB for on-lending to local Serbian SMEs.
NLBKBB will use the proceeds of the EBRD’s loan to provide sub-loans to eligible SMEs to finance investments in new green technologies and equipment to increase their sustainability and bring their businesses in line with European Union (EU) directives and other relevant international standards.