1 week Ago By [email protected] (MENAFN)
The financing is part of the EU-supported“Go Digital in theWestern Balkans” program, which aims to enhance innovation andcompetitiveness in the private sector. In addition to loans, SMEswill receive grant incentives covering 10% of the loan amount,funded by the European Union. This marks the third such EBRD loan to ProCredit Bank under theprogram, reflecting the increasing demand for digitalizationsupport among SMEs in the country.
During a visit to ProCredit Bank, EBRD Managing Director forFinancial Institutions Francis Malige discussed the Bank's ongoingfinancial sector activities in Bosnia and Herzegovina andpriorities for the coming period. Alongside digital investments, the initiative also targets greentechnologies to support businesses in adopting more sustainablepractices aligned with EU standards. It also promotes inclusivegrowth by ensuring women-led enterprises have equal access tofinance.
To date, the EBRD has invested over 3.3 billion euros in Bosniaand Herzegovina across 244 projects. MENAFN12042025000187011040ID1109420922 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind.
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