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 a severe fall in demand. In response to the pandemic the EBRD launched a €4 billion Resilience Framework to provide much-needed support to existing clients. The Bank has seen record demand for its services and now expects to dedicate the entirety of its planned investments of more…
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