(IN BRIEF) The EBRD, in partnership with the EU and Raiffeisen Bank Kosovo (RBKO), has launched a €5 million SME Go Green programme to support sustainable investments by micro, small, and medium-sized enterprises (MSMEs) in Kosovo. The initiative focuses on … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Anita Kovacic, EBRD, EU, investments, MSMEs, partnership, Raiffeisen Bank Kosovo, Sergiy Maslichenko, sustainability
(IN BRIEF) EIB Global and the European Commission have launched a €70 million financing package to support Armenian MSMEs. The package includes €58.5 million in loans to three financial institutions—Inecobank, ArmSwissBank, and Farm Credit Armenia—and an €11 million grant to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Armen Gabrielyan, Armenia, Armswissbank, EIB Global, EU, Farm Credit Armenia, Gevorg Machanyan, Hayk Voskanyan, Inecobank, MSMEs, partnership, sustainability, Vassilis Maragos
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced a pioneering risk-sharing facility in Moldova with OTP Bank, enabling €30 million in new financing aimed at supporting the country’s MSMEs, particularly in agriculture and trade. This EU-backed … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, International Trade, Investment, Management, Moldova, News, Small Business, United Kingdom
Tagged agriculture, Bogdan Spuza, Catarina Bjorlin Hansen, EBRD, Financial, Moldovan, MSMEs, OTP Bank Moldova, partnership, sustainability, trade
(IN BRIEF) The European Investment Bank’s (EIB) global arm, EIB Global, has partnered with Evocabank to improve financial access for micro-, small-, and medium-sized enterprises (MSMEs) in Armenia. EIB Global is providing a €12 million loan to Evocabank, which will … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment, Luxembourg, Small Business
Tagged Armenia, banking sector, Eastern Partnership, Economic and Investment Plan, EIB Global, entrepreneurial community, EU grant, Evocabank, financial inclusion, Financial Stability, inclusive economic growth, Jan Plešinger, job creation, Karen Yeghiazaryan, local currency financing, market opportunities, MSMEs, Neighbourhood Investment Platform, Southern Caucasus, sustainable economy, Team Europe, Teresa Czerwińska, women-led businesses
(IN BRIEF) The European Investment Bank (EIB) Group has committed over €450 million to support Ukraine’s energy infrastructure ahead of the upcoming winter, including funding for the reconstruction of hydropower plants, electricity grid repairs, and district heating network restoration. Additionally, … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Ukraine
Tagged anti-drone shelters, BNP Paribas Group, Brussels, Business Support, Citibank Ukraine, district heating networks, economic resilience, EIB Group, EIB Group President, EIB guarantees, EIF, electricity grid infrastructure, energy system resilience, EU companies, EU foreign ministers, EU-Ukraine trade, EU4Business Guarantee Facility, European Investment Bank, European Investment Fund, export-credit guarantee, Foreign Affairs Council, hryvnia, hydropower plants, InvestEU programme, loans, local-currency lending, MSMEs, Nadia Calviño, partial portfolio guarantees, revolving credit facility, Russian attacks, Sergii Marchenko, UKRAINE, Ukrainian banks, Ukrainian businesses, Ukrainian energy infrastructure, Ukrenergo, UKRSIBBANK, winter support, €300 million, €450 million
(IN BRIEF) EIB Global, the financing arm of the European Investment Bank (EIB) outside the EU, has inked a €10 million loan deal with Bank Respublika to bolster support for micro, small, and medium-sized enterprises (MSMEs) in Azerbaijan. Part of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Azerbaijan, Bank Respublika, EIB, EIB Global, Gert Jan Koopman, MSMEs, partnership, small business, sustainability, Tariyel Ismayilov, Teresa Czerwinska
(IN BRIEF) At the EU-Moldova Private Sector Investment Conference in Chișinău, the European Investment Bank (EIB Global) sealed two agreements with Moldova’s leading bank, maib. The first involves a €50 million loan aimed at enhancing access to finance and promoting … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, European Union, green investments, Macar Stoianov, maib, MOLDOVA, MSMEs, partnership, sustainability, Teresa Czerwinska
(IN BRIEF) Amidst ongoing conflict in Ukraine, the European Bank for Reconstruction and Development (EBRD) is providing a €12.5 million unfunded portfolio risk-sharing facility to Ukrgasbank, aimed at unlocking €50 million of fresh financing for the country’s private sector. Signed … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, MSMEs, partnership, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) In a bid to bolster Ukraine’s private sector amidst the ongoing conflict, the European Bank for Reconstruction and Development (EBRD) is extending a €50 million unfunded portfolio risk-sharing facility to Oschadbank. This initiative aims to unlock €200 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, Francis Malige, MSMEs, Oschadbank, partnership, Sergii Naumov, sustainability, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a financing package of US$50 million (€46 million) for Banque du Caire (BDC), a prominent Egyptian bank, aimed at bolstering support for micro, small, and medium-sized enterprises (MSMEs) … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banque du Caire, EBRD, EGYPT, Jürgen Rigterink, MSMEs, partnership, sustainability, Tarek Fayed, women entrepreneurs
(IN BRIEF) Swedfund has announced a significant investment of USD 5 million in Teyliom Finance’s subsidiary, Bridge Bank Microfinance, as part of its mission to enhance financial empowerment for micro, small, and medium-sized enterprises (MSMEs) in Côte D’Ivoire. This investment, … Read the full press release
Posted in Banks, Business, Financial, Government, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Africa, Bridge Bank Microfinance, Cote d’Ivoire, Financial, investment, Kitanha Toure, MSMEs, partnership, Swedfund, Teyliom Group
(IN BRIEF) The European Investment Bank (EIB) has inked a €50 million loan agreement with the Bank of Georgia, aimed at supporting small and medium-sized enterprises (SMEs) and mid-cap companies, while also promoting sustainable economic recovery and growth. Notably, a … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Archil Gachechiladze, Bank of Georgia, European Investment Bank, European Union, green investments, MSMEs, partnership, Paweł Herczyński, SME, sustainability, Teresa Czerwinska
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are intensifying their support for micro, small, and medium-sized enterprises (MSMEs) in Georgia through a partnership with ProCredit Bank. ProCredit Bank, a trusted EBRD partner … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged EBRD, EU, GEORGIA, green investments, MSMEs, partnership, ProCredit Bank, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is taking steps to tackle youth unemployment and promote entrepreneurship in Central Asia by introducing a seven-year, €200 million (US$218 million) Youth in Business program. This initiative aims to provide … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Arnur Credit, Central Asia, EBRD, Entrepreneurship, Hamkorbank, Kazakhstan, Mongolia, MSMEs, partnership, Shinhan Bank Kazakhstan, Transcapital, Uzbekistan, Youth in Business Program, youth unemployment
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating up to €6 million to Banka për Biznes in Kosovo for onward lending to micro, small, and medium-sized enterprises (MSMEs). This initiative aims to enhance entrepreneurship, market competitiveness, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banka për Biznes, EBRD, economy, Kosovo, Mimoza Godanci, MSMEs, partnership, Sergiy Maslichenko, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a loan of up to €4 million to KEP Trust, a microfinance institution in Kosovo and a long-standing partner of the EBRD. This loan aims to support micro, … Read the full press release
Posted in Banks, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Serbia, Small Business, United Kingdom
Tagged EBRD, female entrepreneurs, KEP Trust, Kosovo, MSMEs, partnership, Sergiy Maslichenko, Shpend Nura, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and Sweden, is providing a $20 million loan to TBC Bank in Georgia. This financing is aimed at bolstering lending opportunities for micro, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Industrial, Investment, Management, News, Small Business, Society, Sweden, United Kingdom
Tagged EBRD, EU, Francis Malige, GEORGIA, Giorgi Megrelishvili, Lawrence Meredith, MSMEs, partnership, sustainability, Sweden, TBC Bank, women empowerment
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are collaborating to enhance access to finance for Armenian micro, small, and medium-sized enterprises (MSMEs) through Acba Bank. The EBRD is providing a loan equivalent … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Acba Bank, Armenian, EBRD, EU, funding, Hakob Andreasyan, Jürgen Rigterink, Lawrence Meredith, MSMEs, partnership
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a strategic partnership with Ukraine’s PrivatBank by issuing a €60 million risk-sharing instrument to facilitate €240 million in newly originated loans for critical industries, particularly agribusiness. PrivatBank, a … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged agribusiness, Critical Industries, EBRD, MSMEs, partnership, PrivatBank, sustainability, Ukrainian
(IN BRIEF) NLB Banka Prishtina has partnered with the European Bank for Reconstruction and Development (EBRD) in Kosovo. The EBRD has provided two loans totaling €10 million to NLB Prishtina, which will lend the funds to small businesses in Kosovo, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €50 million credit line to Bank of Africa – BMCE Group (BOA) to support micro, small, and medium-sized enterprises (MSMEs) in Morocco. The loan aims to enhance … Read the full press release
(IN BRIEF) The European Parliament and Council have agreed on a new scheme to protect the “geographical indication” of traditional crafts both in the EU and internationally. The legislation will protect the original quality and tradition of locally renowned goods … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €10 million loan to ProCredit Bank Moldova to support investment financing for micro, small and medium-sized enterprises (MSMEs) in Moldova. The loan will help businesses upgrade their … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Investment, Management, News, Small Business, United Kingdom
Tagged Adam Grodzicki, businesses, EBRD, EU, finance, Irina Coroi-Jovmir, Mark Bowman, Moldovan, MSMEs, partnership, ProCredit Bank Moldova, UK
EBRD lends €15 million to OTP Bank Moldova Financing is for investment support to micro, small and medium-sized enterprises Project is supported by EU with incentive grants under the EU4Business Initiative (PRESS RELEASE) LONDON, 13-Dec-2022 — /EuropaWire/ — The European … Read the full press release
Posted in Banks, Economy, Financial, Investment, Moldova, News, Small Business, United Kingdom
Tagged EBRD, EU4Business, funding, grants, loan, MOLDOVA, MSMEs, OTP Bank, SMEs
La BERD prête 15 millions d’euros à OTP Bank Moldova Le financement est destiné au soutien à l’investissement des micro, petites et moyennes entreprises Le projet est soutenu par l’UE avec des subventions incitatives dans le cadre de l’initiative EU4Business … Read the full press release
Posted in Banks, Economy, Financial, Investment, Moldova, United Kingdom
Tagged EBRD, EU4Business, funding, grants, loan, MOLDOVA, MSMEs, OTP Bank, SMEs
Loan of €10 million equivalent to boost Bank Lviv’s lending to Ukrainian small businesses Financing is part of the EU4Business-EBRD credit line Green financing to be the focus of the new credit line (PRESS RELEASE) LONDON, 5-Nov-2021 — /EuropaWire/ — … Read the full press release
Posted in Banks, European Union, Financial, Investment, News, Small Business, Ukraine, United Kingdom
Tagged Bank Lviv, credit line, EBRD, EU, EU4Business-EBRD credit line, European Union, financing, Green Economy Transition, JSC Joint Stock Bank Lviv, loan, MSMEs, sustainable green financing, UKRAINE
EBRD signs a €5 million (TND 17 million) loan with Enda Tamweel for its disbursement to Tunisian MSMEs Local currency financing will support lending to local MSMEs Only 15 per cent of MSMEs in the country have bank loans LONDON, 07-12-2018 … Read the full press release
Posted in Banks, Financial, Investment, Small Business
Tagged EBRD, Enda Tamweel, loans, microfinance, MSMEs, Tunisia
Credit facility will help drive financial inclusion by expanding access to working capital loans Montrouge, France, 13-Apr-2018 — /EuropaWire/ — The Grameen Crédit Agricole Foundation will provide a USD 2 million loan to FINCA Microfinance Company Jordan (FINCA Jordan), a FINCA … Read the full press release
Posted in Financial, France, Investment, Small Business
Tagged FINCA Microfinance Company Jordan, JORDAN, lending, loan, loans, microfinance, MSMEs, The Grameen Crédit Agricole Foundation
PARIS, 22-Mar-2018 — /EuropaWire/ — The Council of Europe Development Bank (CEB) approved a €75 million loan to the Hungarian Development Bank (MFB) to provide a credit line to MSMEs and finance projects in municipal infrastructure development and the education sector. The … Read the full press release
Posted in Banks, Education, Financial, France, Hungary, Infrastructure & Utilities
Tagged CEB, Council of Europe Development Bank, Education, Hungarian Development Bank, infrastructure, loans, MFB, MSMEs
Online training and knowledge sharing and exchange platform now available to financial institutions in Uzbekistan LONDON, 06-Mar-2018 — /EuropaWire/ — Micro, small and medium-sized private businesses in Uzbekistan will now benefit from a new Regional Small Business Programme (RSBP) launched in … Read the full press release
Posted in Banks, European Union, Financial, Investment, Small Business, United Kingdom
Tagged EBRD, EU, financial institutions, knowhow, knowledge, MSME finance, MSMEs, training, Uzbekistan
THE HAGUE, 16-Jan-2018 — /EuropaWire/ — Banco Comafi has received a US$20 million investment from the Dutch development bank FMO to support Argentina’s new business sector in line with pro-market reforms implemented by the country’s elected government. The bank is the first Argentinian lender … Read the full press release
Posted in Banks, Financial, Investment, Netherlands, Small Business
Tagged Argentina, Dutch development bank, financing, FMO, Huib-Jan de Ruijter, lender, loan, MSMEs, Pablo Pochat, SMEs
US$ 3.5 million loan to microfinance institution TBC Kredit 27-8-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is lending US$ 2.5 million to TBC Kredit LLC for on-lending to micro, small and medium-sized enterprises (MSMEs) in Azerbaijan. A … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment, Small Business
Tagged Azerbaijan, Azeri economy, Baku, EBRD, EBRD-managed Financial Intermediary Investment Special Fund, EBRD’s Azerbaijan Financial Sector Framework, International Cooperation and Development Fund, micro small and medium-sized enterprises, MSMEs, Neil McKain, TaiwanICDF, TBC Bank Georgia, TBC Kredit received $3.5M loan, The European Bank for Reconstruction and Development
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