Tag Archives: MSMEs

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

EBRD Extends €50 Million Credit Line to Bank of Africa to Boost Moroccan SMEs

(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

EU to Protect Traditional Crafts with New Geographical Indication Legislation

(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

Moldovan businesses to receive €10m loan from EBRD and EU for greater access to finance

(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

The European Bank for Reconstruction and Development (EBRD) to provide EUR 15 million loan to OTP Bank in Moldova in support of local micro, small and medium-sized enterprises in the country

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

La Banque européenne pour la reconstruction et le développement (BERD) accordera un prêt de 15 millions d’EUR à OTP Bank en Moldavie pour soutenir les micro, petites et moyennes entreprises locales du pays

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

EBRD extends its financial support to MSMEs in Ukraine

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

EBRD loans EUR 5 million to Enda Tamweel, the largest microfinance institution in Tunisia

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

The Grameen Crédit Agricole Foundation loans USD 2 million to FINCA Microfinance Company Jordan for on-lending to MSMEs

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

Council of Europe Development Bank (CEB) loans EUR 75 million to Hungarian Development Bank (MFB) for MSMEs, infrastructure and education

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

EU-funded and EBRD managed project will make a knowledge-sharing and –exchange platform accessible to financial institutions engaged in MSME finance in Uzbekistan

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

Dutch development bank FMO to support Argentina’s micro and small-to-medium sized enterprises (MSMEs)

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

Azerbaijan based microfinance institution TBC Kredit received $3.5M loan from EBRD and TaiwanICDF

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