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IFC Supports Eurobank Increase Mortgage Lending and Trade Finance in Serbia

3 September 2015.

IFC Supports Eurobank Increase Mortgage Lending and Trade Finance in Serbia

IFC Supports Eurobank Increase Mortgage Lending and Trade Finance in Serbia

Belgrade, Serbia, September 3, 2015IFC, a member of the World Bank Group, is providing financing of up €35 million to Eurobank a.d. Beograd to strengthen the bank’s mortgage lending and increase trade finance for companies in Serbia.

Long-term funding is critical to enabling capital investment and making housing finance affordable, yet it remains scarce in the Serbian banking sector. By working with Eurobank a.d. Beograd, IFC is boosting these financial tools and signaling its confidence in the Serbian banking sector.

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