Eurobank EFG provides financing to SME through partnership - Over €800m for businesses in Southeast Europe

The Eurobank EFG Group is becoming a major partner of supranational financial institutions for the support of small and medium enterprises in Greece and Southeast Europe - Serbia, Romania, Bulgaria, and Turkey.

The total funds secured for financing small and medium-sized businesses, through the expanding cooperation between Eurobank EFG, the European Investment Bank (EIB), and the European Bank for Reconstruction and Development (EBRD), as well as the new cooperation concluded by the Bank with the International Finance Corporation (IFC), a member of the World Bank, exceed €1.4 billion.

Of the total funds, €600 million are earmarked for investments in Greece and over €800 million in the four other countries covered by the financing agreements, namely Romania, Bulgaria, Serbia, and Turkey.

To date, total disbursements to all countries are approaching €1 billion, financing nearly 2,000 small and medium enterprises.

As regards the cooperation with the European Investment Bank (EIB), Eurobank EFG has signed contracts with a total credit limit of more than €1 billion, an amount that ranked Eurobank EFG in one of the top positions among EIB's partners across Europe.

In the framework of this cooperation with the EBRD, the total credit limits for Romania, Bulgaria, Serbia and Turkey amount to €280 million, while €95 million have been guaranteed through the IFC.

Eurobank Direktna a.d. Beograd

EIB

EBRD Evropska banka za obnovu i razvoj

IFC

EIB

European Bank for Reconstruction and Development

IFC