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Croatia: EIB and HBOR, COVID-19 recovery package for SMEs

Up to €200 million in more affordable loans

02 October, 09:34
(ANSA) - BELGRADE, 02 OTT - The European Investment Bank (EIB) and Croatian Bank for Reconstruction and Development (HBOR) agreed on a financial package that could enable up to €200 million in loans for faster recovery of Croatian SMEs and MidCaps from the Covid-19 pandemic, the EIB said in a statement today.

"The package will unlock a new source of more affordable loans to support ongoing investments plans or provide much-needed working capital for Croatian SMEs and MidCaps, the backbone of the Croatian economy and a major source of employment in the country," the EIB noted. (ANSA).

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