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EBRD lends €23 million to Moldovan Railways
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EBRD vows support for Moldova s commitment to reform, pledges investment
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EBRD lending 15 mln euro to Moldova s ProCredit Bank to back MSMEs Author: ProCredit Holding / All rights reserved.
CHISINAU (Moldova), February 4 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said on Thursday that it is providing a 15 million euro ($18.1 million) loan to Moldova s ProCredit Bank to support micro, small and medium-sized enterprises (MSMEs).
The financial package will allow businesses to invest in the modernisation of their equipment and production processes to EU standards in product quality, health and safety measures and environmental preservation, the EBRD said in a press release. It is one of our priorities in the country to support businesses with much-needed finance and in their ambition to export their products. This is more important than ever following the impact of the coronavirus pandemic on businesses. Together with our partners we work to provide new opportunities to small businesses and to build a susta