April 15 (SeeNews) – The European Investment Fund (EIF), part of the EIB Group, has signed guarantee agreements with 11 financial institutions in countries of the Western Balkans to facilitate the provision of over 750 million euro ($799 million) in loans to small and medium-sized enterprises (SMEs), the European Commission said.
The guarantees, totalling around 60 million euro, are funded under the European Union’s Western Balkans Enterprise Development and Innovation Facility (WB EDIF) “Guarantee for SME Resilience”, the Commission said in a press release on Friday.
The agreements aims to increase access to finance…
