{"id":1088,"date":"2021-10-28T14:31:25","date_gmt":"2021-10-28T14:31:25","guid":{"rendered":"https:\/\/web-sme-csp.com\/bosnia-and-herzegovina\/?p=1088"},"modified":"2022-12-02T10:41:41","modified_gmt":"2022-12-02T10:41:41","slug":"ebrd-and-eu-step-up-support-for-smallbusinesses-in-bosnia-and-herzegovina","status":"publish","type":"post","link":"https:\/\/web-sme-csp.com\/bosnia-and-herzegovina\/2021\/10\/28\/ebrd-and-eu-step-up-support-for-smallbusinesses-in-bosnia-and-herzegovina\/","title":{"rendered":"EBRD and EU step up support for small
businesses in Bosnia and Herzegovina"},"content":{"rendered":"\t\t
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EBRD and EU step up support for small
businesses in Bosnia and Herzegovina<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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  • Loan of up to \u20ac5 million to UniCredit Bank a.d. Banja Luka, Bosnia and Herzegovina<\/li>
  • Financing to help SMEs to boost competitiveness and meet EU standards<\/li>
  • Added EU-funded cashback incentive for SMEs worth 15 per cent ofthe loan amount<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to \u20ac5 million to
    UniCredit Bank a.d. Banja Luka in Bosnia and Herzegovina (https:\/\/www.ebrd.com\/ebrd-in-bosnia-andherzegovina.html) to improve access to finance for local small and medium-sized enterprises (SMEs).<\/p>

    The loan is being provided under the Bank\u2019s SME Competitiveness Programme (https:\/\/web-smecsp.com\/bosnia-and-herzegovina\/), through which local SMEs can access well-structured finance, as well as
    incentive grants worth up to 15 per cent of their loan amount, making their investments more affordable.<\/p>


    Participating small businesses will also be offered technical assistance to help prepare and implement their
    investments. The grants and technical assistance are being financed by the European Union
    (http:\/\/www.europa.eu\/) (EU).<\/p>


    UniCredit Bank a.d. Banja Luka will lend the funds to SMEs for investment purposes, so that they can
    upgrade their production facilities to make them compatible with EU standards in areas such as
    environmental protection, worker safety and product quality. At least 60 per cent of the loans will go to
    investments that support the green transition.<\/p>


    The financing will increase the competitiveness of local enterprises and give them greater opportunities to
    succeed on the domestic, regional and international markets.<\/p>


    UniCredit Bank a.d. Banja Luka is one of the largest banks in the Republika Srpska, one of the two entities
    constituting Bosnia and Herzegovina. The bank has 36 branches spanning almost all major cities and towns
    and 435 employees. It became an EBRD partner in December 2014. This is the third credit line the EBRD has
    extended to UniCredit Bank in Bosnia and Herzegovina under the programme.<\/p>


    Manuela Naessl, EBRD Head of Bosnia and Herzegovina, said: \u201cWe are very pleased to sign this loan
    agreement today and support the strengthening of the real economy in Bosnia and Herzegovina together
    with our long-standing partner Unicredit Bank a.d. Banja Luka. Overcoming the Covid-19 pandemic means
    that businesses need to start investing again and this credit line will support local SMEs in making these
    investments and rebuild the economy stronger, more resilient, greener and more competitive.\u201d
    Gordan Pehar, President of the Management Board of UniCredit Bank a.d. Banja Luka, said: \u201cWe are very
    pleased to confirm in this way our long-term cooperation with the EBRD, which has once again recognized us
    as a strategic partner in the local market. Since the beginning of our cooperation, we have secured \u20ac37
    million through various favourable credit lines to support our clients and the community. The additional
    funding of \u20ac5 million will allow us to continue providing support to the local economy and developing the
    competitiveness and potential of local businesses. We constantly strive to do the best for our clients and the
    community.\u201d<\/p>


    Since it began operating in Bosnia and Herzegovina in 1996, the EBRD has invested more than \u20ac2.7 billion in
    190 projects across the country.<\/p>

    \u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

    Loan of up to \u20ac5 million to UniCredit Bank a.d. Banja Luka, Bosnia and Herzegovina Financing to help SMEs to boost competitiveness and meet EU standards Added EU-funded cashback incentive for SMEs worth 15 per cent ofthe loan amount The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to \u20ac5 […]<\/p>\n","protected":false},"author":1,"featured_media":1101,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nEBRD and EU step up support for smallbusinesses in Bosnia and Herzegovina - web-sme-csp.com Bosnia_and_Herzegovina<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/web-sme-csp.com\/bosnia-and-herzegovina\/2021\/10\/28\/ebrd-and-eu-step-up-support-for-smallbusinesses-in-bosnia-and-herzegovina\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD and EU step up support for smallbusinesses in Bosnia and Herzegovina - web-sme-csp.com Bosnia_and_Herzegovina\" \/>\n<meta property=\"og:description\" content=\"Loan of up to \u20ac5 million to UniCredit Bank a.d. 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