The European Bank for Reconstruction and Development (EBRD) has
made investments in several UniCredit subsidiaries – including some
of its leasing companies – to support small and medium-sized
enterprises across Central and Eastern Europe (CEE).

The EBRD said it has invested in total €432.4 million in
UniCredit across eight Eastern European countries, “as part of a
joint effort to tackle the impact of the global economic crisis on
the region”.

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The investments include €15 million for UniCredit Leasing
Serbia, €15 million for UniCredit Leasing Bosnia and around €18
million for UniCredit Leasing Ukraine.

The aim is “to provide medium and long-term debt and equity
financing through UniCredit subsidiaries in support of SMEs, lease
finance and energy projects”, the EBRD said.

Antonio Fabrizio