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Montenegro: Bei, 150 mln loan to support SMEs
Funds will be delivered in two tranches
06 July, 11:57
(ANSA) - BELGRADE, 05 LUG - The European Investment Bank
(EIB) has approved a new 150-million-euro loan to the Investment
and Development Fund of Montenegro (IRF), IRF said in a
statement on July 4. The loan, which will be delivered in two
tranches, is designed to support local and small medium
enterprises (SMEs) in the country.
The IRF president, Zoran Vukcevic, has underlined that the loan is important for the general economic development in Montenegro, for the SMEs in particular, and he noted that this is the fourth agreement between EIB and IRF since 2012. (ANSA).
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The IRF president, Zoran Vukcevic, has underlined that the loan is important for the general economic development in Montenegro, for the SMEs in particular, and he noted that this is the fourth agreement between EIB and IRF since 2012. (ANSA).
