Weekly Newsletter

19 July 2024

Weekly Newsletter

19 July 2024

EBRD approves €25m loan to PBZ Leasing Croatia

Loan will support local SMEs and promote green economy initiatives.

Alejandro Gonzalez July 18 2024

The European Bank for Reconstruction and Development (EBRD) has approved a senior loan of up to €25 million to PBZ-Leasing Croatia (PBZL) for on-lending to local micro, small, and medium-sized enterprises (MSMEs) under the Financial Intermediaries Framework (FIF).

This project, which aligns with the EBRD’s Green Economy Transition (GET) strategy, aims to bolster MSME competitiveness and foster sustainable financing practices in Croatia, the EBRD said in a press release.

The approved loan will provide leases to Croatian MSMEs, with a commitment to allocate at least 30% of the funding to GET-eligible sub-projects. These projects will be selected based on the Green Technology Selector, ensuring that they contribute to environmental sustainability.

The primary objectives of this initiative include:

  • Enhancing the availability of financing for MSMEs in Croatia.
  • Supporting the resilience and competitiveness of MSMEs.
  • Encouraging sustainable financing practices through the allocation of funds to GET-eligible projects.

The project has an Expected Transition Impact (ETI) score of 60, highlighting its significant potential to support competitive and resilient transition qualities within the Financial Intermediaries Framework (FIF). The FIF seeks to improve MSME competitiveness by increasing access to financing and promoting sustainable.

EBRD extends €5m loan to Raiffeisen Leasing Kosovo to support SMEs

Croatian regulator approves NLB Bank’s acquisition of Mobil Leasing

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close