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The most active issuing bank in Serbia for the fifth year in a row

14 May 2019.


The most active issuing bank in Serbia for the fifth year in a row
The Trade Facilitation Programme (TFP) of the European Bank for Reconstruction and Development (EBRD) has awarded Eurobank as the most active issuing bank in Serbia for the fifth year in a row. Eurobank joined the EBRD’s TFP in 2011 and has been supporting its clients’ export and import operations ever since.

Francis Malige, EBRD Managing Director, Financial Institutions said: “Trade finance is key to boosting economic development and growth. And it is our strong network of partner banks who are helping to make this happen, by providing the financial means and support that allow companies to identify, explore and conquer new markets. At the EBRD we are extremely proud to work with these partner banks across three continents. The TFP awards today reflect that pride, as well as our recognition and appreciation for their efforts in making an impact.”

“International trade and exchange are very important for growth of the Serbian economy, as well as for further expansion of our clients’ business. That is why the EBRD’s award means so much to us - it proves our commitment to our clients and strengthening of our cooperation with international financial institutions as key partners of banks and businesses in Serbia. We are honoured that for the fifth consecutive year we have been recognised as the most active bank in promoting international trade”, said Milan Vićentić, a member of the Executive Board of Eurobank.

Since the start of its operations in Serbia, the EBRD has invested around €5 billion in more than 230 projects across the country. The Bank invests in the financial sector, industry, commerce, agribusiness, energy, and infrastructure.

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