Serbia: Komercijalna Banka Supported by EFSE

Politics ♦ Published: October 24, 2013; 12:33 ♦ (Vindobona)

Serbian Komercijalna Banka received a credit line of € 20m from the European Fund for Southeast Europe (EFSE).

Serbia: Komercijalna Banka Supported by EFSE / Picture: © Komercijalna Banka Serbia

The European Fund for Southeast Europe, established by the German KfW (Kreditanstalt für Wiederaufbau), granted Serbian Komercijalna Banka a credit range of € 20m to be given to private micro and small businesses as well as agricultural households for working capital requirements and investments.

The Serbian bank has been cooperating of EFSE since 2009. So far, credits have…