Financing municipal infrastructure and support to MSMEs in Croatia
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Approval date
7 June 2024
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Borrower
HBOR
- Country
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Loan size
€ 250 000 000
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Line of action
Promoting Inclusive and Resilient Living Environments
Supporting Jobs and Economic and Financial Inclusion -
Status
In progress
The Programme loan aims to support sustainable municipal infrastructure across Croatia and contribute to strengthening MSMEs’ competitive position and fostering. The CEB loan will partially finance eligible municipal and regional investments undertaken by the Croatian municipalities, cities and counties. The CEB loan proceeds will be channelled through HBOR's direct lending to MSMEs as well as through on-lending of funds to MSMEs via the financial intermediaries’ networks.
Final beneficiaries: employees of MSMEs and jobseekers as well as the inhabitants of towns, municipalities and regions throughout Croatia, including vulnerable groups.