The European Investment Bank will provide a 55 million euros loan to support small and medium enterprises in Moldova, Ukraine and Georgia.
According to the EIB, the provision of these funds is part of the overall response to COVID-19 to help mitigate the effects of the economic shock. This operation will help financial intermediaries take temporary emergency measures to facilitate the provision of liquidity to small and medium-sized enterprises and thereby help mitigate the effects of the economic shock. Money in all three countries will be allocated by the EIB through ProCredit Bank. //08.07.2020 - InfoMarket. ...