EBRD to offer $29m guarantee to CKB for MSMEs in Montenegro
The European Bank for Reconstruction and Development (EBRD) is set to offer €25m ($29m) in unfunded risk-sharing guarantee to Crnogorska komercijalna banka (CKB) to increase lending for micro, small and medium-sized enterprises (MSMEs) in Montenegro. The initiative is supported by the European Union (EU), which is providing both technical support and a first-loss counter-guarantee via … Read more