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News

IFC Supports Garanti BBVA Leasing to Boost Financing for Small Businesses in Romania, Accelerate Recovery

Small and medium-sized enterprises in Romania will improve their access to finance with a new investment that aims to support SMEs, including women entrepreneurs impacted by the COVID-19 pandemic.

News

Symbiotics Arranges a Sustainability Bond in Armenia With AraratBank for $14.5 Million

Microenterprises and SMEs will benefit from the Social loans to encourage employment creation and business activity in the country.

News

IFC Partners With Evocabank to Support Smaller Businesses, Boost Resilience and Drive Recovery in Armenia

Even before the COVID-19 crisis, access to finance was the biggest obstacle for doing business in Armenia. Has it increased following the pandemic?

News

Symbiotics Launches the First Sustainability Bond in Georgia With MFO Crystal for $5 M

The proceeds of the Sustainability Bond will be used to finance both Social and Green eligible loans. The Social loans will be granted towards microenterprises and SMEs, stimulating the generation of employment in the country.

News

EBRD Lends EUR 3.5 M to N. Macedonia's Procredit Bank for SMEs, Energy Efficiency

The loan is extended within the Western Balkans SME Competitiveness Support Program with the support by the EU, which is providing incentive payments and technical assistance.

News

EFSE and Vitas Expand Access to Local Currency Financing for Romanian MSEs

Senior loan equivalent of EUR 2 million to be on-lent to underserved local entrepreneurs to sustain small business operations.