The European Bank for Reconstruction and Development (EBRD) has extended a €25 million guarantee to Crnogorska Komercijalna Banka (CKB) in Montenegro, aimed at bolstering financial support for micro, small, and medium-sized enterprises (MSMEs). This strategic move is designed to enhance access to credit for local businesses, fostering economic growth and resilience amid ongoing market challenges. The partnership underscores the EBRD’s commitment to promoting sustainable private sector development in the Western Balkans.
EBRD Strengthens Montenegro’s MSME Sector with Substantial Financial Guarantee
The European Bank for Reconstruction and Development (EBRD) has committed a €25 million financial guarantee to Crnogorska Komercijalna Banka (CKB), aiming to accelerate lending to Montenegro’s micro, small, and medium-sized enterprises (MSMEs). This strategic partnership is set to enhance the credit accessibility for these businesses, many of which face challenges securing…
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Author : Ava Thompson
Publish date : 2025-12-04 01:26:00
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