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Banca Intesa Beograd

EBRD approves €20 million loan to Banca Intesa Beograd

2 mins read

The FINANCIAL — A loan of up to €20 million by the European Bank for Reconstruction and Development (EBRD) to Banca Intesa Beograd will help businesses and municipalities in Serbia to cope with the economic fallout of the coronavirus pandemic. The EBRD funds will address the liquidity needs of corporates, small businesses and municipalities that are experiencing a decrease in their activities and turnover due to the spread of the virus. Zsuzsanna Hargitai, EBRD Regional Director Western Balkans and Head of Serbia, said: “The EBRD continues to scale up financing local business through its excellent partner banks to sustain business operations and jobs. With the new…

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EBRD approves €20 million loan to Banca Intesa Beograd

2 mins read

The FINANCIAL — A loan of up to €20 million by the European Bank for Reconstruction and Development (EBRD) to Banca Intesa Beograd will help businesses and municipalities in Serbia to cope with the economic fallout of the coronavirus pandemic. The EBRD funds will address the liquidity needs of corporates, small businesses and municipalities that are experiencing a decrease in their…