EIB loans in Bosnia and Herzegovina
Friday 27 November 2009
The European Investment Bank (EIB) announced, on 27 November, the signature of three separate loan contracts for a total amount of €110 million aimed at boosting the economy of Bosnia and Herzegovina and supporting the country’s economic recovery efforts. The loan breaks down as follows: €50 million via Intesa Sanpaolo Banka for small and medium-sized enterprises (SMEs) and priority projects; €50 million via IRBRS-Republic of Srpska Investment-Development Bank for SMEs and local infrastructure projects; and €10 million via LOK Microfinance for small and micro-enterprises, including startups