The European Bank for Reconstruction and Development (EBRD) is stepping up support for small and medium-sized enterprises (SMEs) in Serbia with a new financing package of up to €50 million for ProCredit Bank Serbia, according to a press release. The package is designed to help local businesses access long-term capital, invest in green technologies and speed up their digital transformation.
The deal combines two credit lines. A €40 million loan under the EBRD’s financial intermediaries window will be on‑lent to private SMEs across the country, with at least 30 per cent earmarked for green investments such as energy efficiency upgrades and cleaner technologies. A further €10 million comes through the “Go Digital in the Western Balkans” programme, where at least 60 per cent of funds will back projects that are both green and digital, supported by EU‑funded technical assistance and investment incentives.
EBRD officials say the aim is to make it easier for SMEs – which provide most of Serbia’s jobs and economic output – to secure the longer-term finance they need to grow, modernise and align with EU standards. The package also includes measures to promote gender inclusion, with capacity‑building support for women‑led businesses. ProCredit Bank, a long‑standing EBRD partner and one of Serbia’s leading SME lenders, plans to use the funding to expand lending for sustainable investments and automation among its more than 6,000 business clients.
Bank leaders describe the agreement as a way to jointly promote innovation, sustainability and more competitive SME development. For the EBRD, which has invested over €10 billion in Serbia across more than 400 projects, the new loans fit squarely within its priorities of boosting private‑sector competitiveness, productivity and access to finance.
