Client: European Bank for Reconstruction and Development
Duration: 2008-2009
Region: Eastern Europe and Central Asia
Country: Croatia
Solutions: Economic Growth
The overall objective of the European Union/European Bank for Reconstruction and Development (EBRD) SME Finance Facility for EU Accession countries was to deepen the credit markets for small and medium enterprises (SME) by building the confidence and capacity of participating banks in SME lending, and by providing credit to SMEs through participating banks. Raiffeisenbank Croatia participated in the Facility with a €10 million credit line for on-lending to qualifying SMEs.
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The Advancing Commerce Connectivity and Exports Leading to Economic Readiness for Accession to the EU (ACCELERATE) program is a regional buy-in mechanism is designed to advance EU market integration and support the EU accession of up to 12 countries, including Ukraine, Moldova, and countries across the Western Balkans and the Caucasus.
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