PCB Serbia

  • Approval date

    3 July 2020

  • Borrower

    ProCredit Bank Serbia

  • Country

    Serbia

  • Loan size

    € 20 000 000

  • Line of action

    Inclusive growth

  • Status

    In progress

An additional request for an amount of €20 million for an increase of LD1962 (2018) to a total amount of €50 million to part-finance investments to primarily support urgent working capital requests following unprecedented liquidity shortages brought on by the COVID-19 pandemic.

Final beneficiaries will be the employees of eligible MSMEs, as well as job seekers throughout the country, who will benefit from stable employment.