Credit Agricole and EIB provide EUR 60 million for long-term financing of economy sector in Serbia

Source: eKapija Sunday, 22.02.2015. 16:38
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In cooperation with the European Investment Bank (EIB), Credit Agricole Bank Serbia has set aside EUR 60 million for long-term investment loans for financing the development of small, medium-sized and large enterprises, Credit Agricole Bank Serbia said in a release. With the credit lines approved two years ago, the total amount of funds earmarked so far for financing the procurement of equipment, construction of business facilities, warehouses, farms and other investments has reached EUR 105 million.

- Credit Agricole Bank Serbia is one of the banks in the market with which the EIB expands business cooperation, which we see as a positive signal and stimulus for Serbia's economy. With its business arrangements and financial offer for small, medium-sized and large enterprises, Credit Agricole wants to give its contribution to further development of the economy in Serbia. I expect our clients to recognize this offer as an opportunity to improve their operations, increase profits and better their position in the market - said Marija Maric-Mitrovic, a member of the Executive Board of this bank.
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