The European Bank for Reconstruction and Development (EBRD) is increasing the availability of financing for Albanian small and medium-sized enterprises (SMEs) with a €2m medium-term credit line to Union Bank. The proceeds will be used to provide working capital and capital investment financing for SMEs across the country and thus implement the bank’s strategy to […]

A new fund focused on boosting the economic and environmental development in Southeast Europe has been established. The €95m Southeast Europe Energy Efficiency Fund (SE4F) will invest in energy efficiency and renewable energy projects especially undertaken by small and medium-sized enterprises (SMEs) and households in Albania, Bosnia-Herzegovina, Croatia, FYR Macedonia, Montenegro, Serbia and Turkey. The […]

The European Investment Bank (EIB) and Tirana Bank have signed a €10m loan targeting small and medium-sized enterprises (SMEs) and infrastructure projects promoted by local authorities in Albania. The operation will finance small and medium-scale projects located in Albania in the fields of industry, infrastructure improvements, environmental protection, health and education, energy efficiency as well […]