The European Bank for Reconstruction and Development (EBRD) is providing a €7m loan to UniCredit Bank d.d. Mostar in Bosnia and Herzegovina. Funds will be lent through the EBRD’s small and medium-sized enterprise (SME) Go Green programme that is supported by the European Union (EU).
The proceeds will enable UniCredit to continue supporting local SMEs’ investments in green and sustainable technologies. Enhanced access to green finance will support the competitiveness and export potential of local businesses, providing them with opportunities to improve their products and services in line with the highest EU climate, environmental protection and other standards.