EBRD Boosts Serbian SMEs

The European Bank for Reconstruction and Development will lend Raiffeisen Leasing USD14.5 million to help small and medium enterprises in Serbia. Local firms can use the funding to obtain capital investment, industrial equipment, light commercial vehicles and other prerequisites for expansion through leases. (“EBRD steps up support for leasing in Serbia” - European Bank for Reconstruction and Development, Sept. 2, 2008)