by Teo Lin-Bianco -

MICROCAPITAL BRIEF: EBRD Lends $1.2m to Erste Group’s Sparkasse Leasing Doo Skopje to Support Small, Medium-sized Enterprises (SMEs) in North Macedonia

The UK-based European Bank for Reconstruction and Development (EBRD) recently lent Sparkasse Leasing Doo Skopje, a unit of Sparkasse Bank of Macedonia, EUR 1 million (USD 1.2 million) to fund equipment to be leased by small and medium-sized enterprises (SMEs) in North Macedonia. The leased equipment is meant to boost the SMEs’ usage of renewable energy and

by Sai Bommineni -

MICROCAPITAL BRIEF: EBRD Loans $4m to ProCredit Bank Skopje to Boost SMEs’ Quality Standards, Residential Energy Efficiency in North Macedonia

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral institution, recently provided two loans to ProCredit Bank Skopje, which operates in North Macedonia and is owned by Germany-based ProCredit Holding. One loan, in the amount of EUR 1 million (USD 1.2 million),

by Eha Joshi -

MICROCAPITAL BRIEF: EBRD Loans $6m to OTP Bank Albania to On-lend to SMEs, EU Offers Premiums for Hitting Goals

Országos Takarék Pénztár (OTP) Bank Albania, a member of the Hungary-based OTP Bank Group, recently borrowed EUR 5 million (USD 6.1 million) from the UK-based European Bank for Reconstruction and Development (EBRD) to support small and medium-sized enterprises (SMEs) in Albania in responding to the COVID-19 pandemic by upgrading

by Nathan Kiplagat -

MICROCAPITAL BRIEF: Deposit Insurance Agency of Bosnia and Herzegovina Renews Credit Line from EBRD with 40% Lower Ceiling

The UK-based European Bank for Reconstruction and Development (EBRD) recently agreed to provide a “standby credit line” in the amount of EUR 30 million (USD 35.2 million) to Bosnia and Herzegovina’s Deposit Insurance Agency (DIA) to help it

by Nathan Kiplagat -

MICROCAPITAL BRIEF: EBRD Lends $47m to CaixaBank to Support SMEs in Morocco Amidst Coronavirus Pandemic

CaixaBank, a Spanish retail bank, recently accepted a loan of approximately MAD 430 million (USD 46.8 million) from the European Bank for Reconstruction and Development (EBRD), a UK-based development finance institution that has been investing in Morocco since 2012. CaixaBank is to use the funding to

by Michelle Fleming -

MICROCAPITAL BRIEF: Produce Firm El Roda Benefits from Trade and Competitiveness, SEMED Youth Employment Programmes Entering Egypt

The UK-based European Bank for Reconstruction and Development (EBRD) recently agreed to lend El Roda, an Egyptian producer and exporter of fruits and vegetables, an unspecified amount of funding to expand its packing facility and purchase additional grape varieties and cultivation machinery such as irrigation equipment. The company

by Michelle Fleming -

MICROCAPITAL BRIEF: EBRD to Lend $5.7m to Banka per Biznes (BPB) for On-Lending to SMEs in Kosovo

Under its “Kosovo SME Competitiveness Support Programme,” the UK-based European Bank for Reconstruction and Development (EBRD) recently agreed to provide a loan of EUR 5 million (USD 5.7 million) to Banka per Biznes (BPB) of

by Michelle Fleming -

MICROCAPITAL BRIEF: EBRD’s “Trade Ready” Program to Bring Finance, Business Advice to SMEs in Serbia

With funding from the EU and the government Luxembourg, the UK-based European Bank for Reconstruction and Development (EBRD) is launching Trade Ready, a program intended to help small and medium-sized enterprises (SMEs) in Serbia become

by Michelle Fleming -

MICROCAPITAL BRIEF: Société Générale de Banque au Liban to Borrow $50m from EBRD for On-lending to Small, Medium-Sized Enterprises in Lebanon

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral institution, recently agreed to loan Société Générale de Banque au Liban (SGBL), a Lebanese bank, USD 50 million to support small and medium-sized enterprises (SMEs) in rural areas and another USD 50 million for firms involved in importing and exporting. The latter allocation falls under EBRD’s Trade Facilitation Programme (TFP), which was launched in 1999 and is intended to promote trade among Eastern Europe, North Africa, and Central and Western Asia. As of 2018, TFP engages approximately 100 issuing banks in 28 economies, with total approved financing limits exceeding EUR 1.5 billion (USD 1.8 billion). TFP also works with approximately 800

by Michelle Fleming -

MICROCAPITAL BRIEF: EBRD Mulling $17m Loan to Belinvestbank of Belarus for On-lending to Micro-, Small, Medium-sized Enterprises

The UK-based European Bank for Reconstruction and Development (EBRD) is considering assembling a loan of up to EUR 50 million (USD 58.2 million) for Belinvestbank, a bank in Belarus, for on-lending to micro-, small and medium-sized enterprises (MSMEs). The loan would include at least EUR 15 million (USD 17.4 million)

by Erik McDonald -

MICROCAPITAL BRIEF: EBRD Loans $20m in Local-currency to BNB-Bank, MTBank for SMEs in Belarus

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral institution, recently signed its first transactions providing local-currency funding in Belarus. EBRD extended lines of credit equivalent to USD 10 million each to Belarusky Narodny Bank (BNB-Bank) and

by Nicholas Galimberti -

MICROCAPITAL BRIEF: EBRD Loans $45m to Bank CenterCredit of Kazakhstan, Mostly for Micro-, Small, Medium-sized Enterprises (MSMEs) Run by Women Outside Major Cities

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral institution, recently disbursed three-year loans totaling USD 45 million to Bank CenterCredit, a commercial bank in Kazakhstan.

by Nicholas Galimberti -

MICROCAPITAL BRIEF: EBRD Loans $29m to Turkish Leasing Firm QNB Finans Finansal Kiralama for Energy-efficiency Investments

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral institution, recently loaned EUR 25 million (USD 29 million) to Qatar National Bank Finans Finansal Kiralama (QNB Finans Leasing), a subsidiary of the Turkish commercial bank, QNB Finansbank.

by Nicholas Galimberti -

MICROCAPITAL BRIEF: EU Funding Expansion of EBRD Women in Business Programme to Morocco

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral institution, is expanding its Women in Business Programme to Morocco, where it will offer training sessions, networking opportunities and internet-based mentoring for women entrepreneurs in the country.

by Nicholas Galimberti -

MICROCAPITAL BRIEF: EBRD Loans $59m in Local Currency to ProCredit Bank of Bulgaria for On-lending to SMEs

The European Bank for Reconstruction and Development (EBRD), a UK-based development bank, recently loaned EUR 50 million (USD 59 million) to ProCredit Bank (Bulgaria) EAD, a provider of financial services to individuals and