Support Montenegrin MSMEs impacted by COVID 19

  • Approval date

    25 September 2020

  • Borrower

    Government

  • Country

    Montenegro

  • Loan size

    € 40 000 000

  • Line of action

    Inclusive growth

  • Status

    In progress

This €40 million Programme loan will part-finance working capital requirements and investment loans to support the Montenegrin Government in its efforts to mitigate the impact of the Covid-19 pandemic on its economy and particularly in the severely hit MSME sector.

Final beneficiaries will be the employees of eligible MSMEs throughout Montenegro directly impacted by the pandemic.