Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) is lending to Mikrokreditna Organizacija EKI, the third-largest non-bank micro finance institution in Bosnia and Herzegovina

The EBRD loan falls under the recently established Micro, Small and Medium Sized Enterprises Finance Framework for the Western Balkans and Croatia which aims at facilitating access to finance

The European Bank for Reconstruction and Development (EBRD) will lead the first syndicated loan granted to Bosnia and Hercegovina (BiH), worth a modest Ђ45 million (US$57m).

Bosnia and Herzegovina received on Wednesday its first syndicated loan, which would introduce international commercial banks to the country’s banking sector, an area they have previously been reluctant to consider for investment.

Bosnia and Hercegovina (BiH) has made significant strides towards establishing a market economy, but a great deal remains to be done if its economic progress is to become more sustainable, the European Bank for Reconstruction and Development (EBRD