Small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina will have more opportunities to invest in digital transformation with new financing made available to Sparkasse Bank, provided by the European Bank for Reconstruction and Development (EBRD) and the European Union (EU).
The EBRD has provided an €8 million loan that Sparkasse Bank will on-lend to local SME clients. The proceeds will be used to help small firms invest in the automation and digitalisation of business processes to improve productivity, operational efficiency and resilience.
