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Bosnia and Herzegovina

OSCE national workshop promotes social re-use of confiscated assets in Bosnia and Herzegovina

3 mins read

The FINANCIAL-- The OSCE held an online national workshop for Bosnia and Herzegovina on the social re-use of confiscated assets. More than 20 representatives from prosecutions’ offices, law enforcement, asset management agencies and civil society organizations participated in the event.…

EBRD approved €15 million loan to Intesa Sanpaolo Banka d.d. BiH

2 mins read

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €15 million to Intesa Sanpaolo Banka d.d. BiH in support of local small businesses facing the economic impact of the coronavirus pandemic. The EBRD funds will be on-lent as short-term capital and liquidity support for private companies affected by…

EBRD and Raiffeisen Bank BIH to support women in business

3 mins read

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank BiH are joining forces to support women-led enterprises in Bosnia and Herzegovina with a credit line of up to €2 million. The funds will be on-lent to micro, small and medium-sized enterprises run by female entrepreneurs facilitating access to finance which often remains challenging. This…

EBRD acquires stake in Adriatic Metals

2 mins read

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) has acquired a 2.62 per cent stake in Adriatic Metals PLC to support development of the Vareš silver project in Bosnia and Herzegovina. The Bank’s investment of GBP 6.2 million (€6.62 million equivalent) will be used to finance the transition from exploration to mine development.…

EBRD approved €30 mln credit to boost financial stability in Bosnia and Herzegovina

2 mins read

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) is providing a €30 million standby credit line to the Deposit Insurance Agency of Bosnia and Herzegovina (DIA) to ensure that citizens and businesses are protected against potential vulnerabilities in the financial sector during the coronavirus pandemic. The new facility will safeguard the financial sector and strengthen the…