Tag Archives: MSMEs

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