EBRD approves 18 mln euro loans to Bosnia's Raiffeisen Leasing

The EBRD approved a senior unsecured loan of up to 15 million euro under the Financial Intermediaries Framework for on-lending to local small and medium-sized enterprises (SMEs) for capital expenditures, it said in a project summary document on Wednesday.

The lender will also provide a loan of up to 3 million euro under the Sustainable Reboot SME Programme. These funds will support investments in micro, small, and medium-sized enterprises (MSMEs), enhancing competitiveness and meeting EU and international standards.

Raiffeisen Leasing is part of Raiffeisen Bank International group and the second largest leasing company in Bosnia and Herzegovina by total assets, with a market share of 27% as of the end of the third quarter of 2023.

($ = 0.933 euro)