Tag Archives: MSMEs

EBRD and EU Partner with Raiffeisen Bank Kosovo to Boost Green Investments for MSMEs

(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

EIB Global and EU Unveil €70M Initiative to Empower Armenian MSMEs and Foster Sustainable Growth

(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

EBRD and OTP Bank Moldova Launch €30 Million Financing Boost for Moldovan MSMEs, Focusing on Agriculture and Trade

(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

Nearly 100 Armenian Businesses to Benefit from EIB and Evocabank Partnership, Sustaining Around 1,200 Jobs

(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

EIB Group Allocates Over €450 Million to Fortify Ukrainian Energy Infrastructure and Boost Business Support

(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

EIB Global Signs €10 Million Loan Agreement with Bank Respublika to Boost Small Business Finance in Azerbaijan

(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

EIB and Maib Forge €94 Million Deal to Boost Green Investments and MSMEs in Moldova

(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

EBRD Backs Ukrgasbank with €12.5 Million Facility to Boost Ukrainian Private Sector Amidst War

(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

EBRD Extends €50 Million Facility to Oschadbank, Boosting Ukraine’s Private Sector Amidst War

(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

EBRD and Banque du Caire Partner to Empower MSMEs and Women Entrepreneurs in Egypt with US$50 Million Financing Package

(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

Swedfund Boosts Financial Inclusion in Côte D’Ivoire with $5 Million Investment in Bridge Bank Microfinance

(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

European Investment Bank and Bank of Georgia Partner to Boost Green Investments and SME Growth with €50 Million Loan

(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

EBRD and EU Partner with ProCredit Bank to Boost Georgian MSMEs with $10 Million Loan for Green Investments

(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

EBRD Launches €200 Million Youth in Business Program to Boost Entrepreneurship in Central Asia

(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

EBRD Provides €6 Million to Boost Kosovo’s MSMEs and Green Economy

(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

EBRD Extends €4 Million Loan to KEP Trust to Boost MSMEs and Female Entrepreneurs in Kosovo

(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

EBRD and EU Empower Georgian Women-Led Enterprises with $20 Million Loan to TBC Bank

(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

EBRD and EU Collaborate to Boost Armenian MSMEs Through Acba Bank Funding

(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

EBRD Partners with PrivatBank to Provide €60 Million Risk-Sharing Instrument for Ukrainian Agribusiness and Critical Industries

(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

NLB Banka Prishtina Becomes EBRD Partner to Empower Women Entrepreneurs in Kosovo

(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