Harrisons has advised the EBRD on its EUR 100 million on-lending loan to Banca Intesa Belgrade.
According to Harrisons, the loan is intended for on-lending to small and medium-sized enterprises, to improve their access to finance and help them increase their competitiveness, including in economically less-developed regions of the country.
"As part of this financial package, Banca Intesa Belgrade is committing to develop a transition plan and to increasing its green investments," the firm reported.
Recently, Harrisons also advised the EBRD on three other loans to Banca Intesa Belgrade: a EUR 15 million loan as part of the EBRD's Youth in Business in the Western Balkans program (as reported by CEE Legal Matters on November 4, 2022), an EUR 8 million loan for on-lending to eligible women-led small and medium-sized enterprises (as reported on June 21, 2022), and a EUR 20 million loan to support Serbian corporates, small businesses, and municipalities (as reported on November 3, 2020).
The Harrisons team was led by Principal Mark Harrison and Consultant Ines Matijevic-Papulin and included Associate Mina Zeljkovic.
