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OTP SERBIA LOAN FOR SMES & MIDCAPS

Signature(s)

Amount
€ 80,000,000
Countries
Sector(s)
Serbia : € 80,000,000
Credit lines : € 80,000,000
Signature date(s)
28/12/2022 : € 40,000,000
28/12/2022 : € 40,000,000
Link to source

Summary sheet

Release date
27 December 2022
Status
Reference
Signed | 28/12/2022
20220608
Project name
Promoter - financial intermediary
OTP SERBIA LOAN FOR SMES & MIDCAPS
OTP BANKA SRBIJA AD NOVI SAD,OTP LEASING SRBIJA DOO BEOGRAD (NOVI BEOGRAD)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 80 million
not applicable
Location
Sector(s)
Description
Objectives

Dedicated EIB loan in support of small and medium-sized enterprises (SME) and mid-caps in Serbia.

This operation aims to finance eligible small and medium sized investments undertaken by SMEs and mid-caps in Serbia, thereby contributing to economic resilience, employment-generating activities and alleviating the economic consequences of the COVID-19 pandemic and of the current energy crisis.

Environmental aspects
Procurement

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.

Link to source

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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Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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