Raiffeisen Leasing gets ?60 million from EIB (Free)

The European Investment Bank (EIB) is lending Raiffeisen-Leasing International 60 million for its divisions in Bosnia and Herzegovina and Serbia. Raiffeisen Leasings unit in Bosnia and Herzegovina will get 40 million, while the Serbian unit is to get the remaining 20 million, Raiffeisen said.

By Antonio Fabrizio

The European Investment Bank (EIB) is lending Raiffeisen-Leasing International €60 million for its divisions in Bosnia and Herzegovina and Serbia.

Raiffeisen Leasing’s unit in Bosnia and Herzegovina will get €40 million, while the Serbian unit is to get the remaining €20 million, Raiffeisen said.

The loans are aimed at local small and medium-sized businesses as well as the public sectors of the two markets.

Raiffeisen International’ CEO Herbert Stepic commented: “By working together, Raiffeisen and the EIB will provide a significant boost to the SME and public sectors in Serbia and Bosnia and Herzegovina and thus help to strengthen the backbone of the two countries’ economies.”