The Vice President of the European Bank for Reconstruction and Development (EBRD), Alain Pilloux, is visiting Serbia from 13 to 16 June for meetings with the authorities and clients.
Mr Pilloux will also sign several loan agreements, including new financing for small and medium-sized enterprises (SMEs) with Banca Intesa and UniCredit Leasing, as well as the second tranche of a sovereign loan for the construction of regional landfills.
Ahead of the trip, Mr Pilloux said: “This visit will be an opportunity to discuss ongoing and potential future investments with the authorities and private sector clients. I will also reiterate the EBRD’s strong support for Serbia’s green energy transition agenda, for improving transport links with the region and the EU, building modern environmental infrastructure, and to the private sector and SMEs, in partnership with local commercial banks.”
Since it started investing in Serbia in 2001, the EBRD has invested EUR 7.3 billion there, EUR 500 million of which was during last year alone.
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The impact of this investment can be seen in the increasingly robust banking sector, the improved access to finance for SMEs, more competitive local corporates, and better environmental, energy and transport infrastructure, some of which has been financed through major public-private partnerships.
The Western Balkans is a priority region for the EBRD, where it is supporting economic, transport and energy integration within region and with the EU.
The Bank has to date invested more than EUR 15 billion in the Western Balkans and continues to invest more than EUR 1 billion in the region every year.
Source: EBRD
