December 3 (SeeNews) - The Slovenian unit of UniCredit Group said on Monday it has signed a contract for a 20 million euro ($29 million) loan from the European Investment Bank (EIB).
The loan is intended for financing the purchase of equipment by local small and medium-sized companies, and infrastructure projects of municipalities, UniCredit Banka Slovenija said in a statement.
UniCredit Banka Slovenija, previously BA-CA Ljubljana, ranked fourth among the banks operating in Slovenia at the end of last year with a market share of 6.5%. Twenty-one banks operate in the Alpine country of two million people.
Slovenia was the first of the 10 states that entered the European Union in May 2004 to join the eurozone in 2007 as its 13th member.
($ = 0.68 euro)