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Summary sheet
- Credit lines - Credit lines
Dedicated COVID-19 multi-beneficiary intermediated loan (MBIL) through a loan to the Development Bank of North Macedonia to support small and medium-sized enterprises (SMEs) and mid-caps and contribute to mitigating the COVID-19 induced economic impact in North Macedonia.
This facility is part of the EIB's economic response to the COVID-19 pandemic and contributes to the €1.7 billion EIB financial support package in the Western Balkans (WB) region. The loan aims at mobilising funding resources to mitigate the impact of the COVID-19 crisis in North Macedonia by financing small/medium projects carried out by small and medium-sized enterprises.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
This operation is covered by the ELM Guarantee.
This loan is an allocation under the WB COVID-19 Response - Public Sector and NPBs Programme Loan.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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