Harrisons has advised the EBRD on a senior unsecured loan amounting to EUR 8 million for on-lending to eligible women-led small and medium-sized enterprises.
According to Harrisons, the loan is in line with the criteria under the Western Balkans Women in Business Program Phase II.
"This is the fifth successive loan to Banca Intesa Belgrade under the Western Balkans Women in Business Program, following the full and successful utilization of the previous facilities," the firm added. "The proceeds of the loan will contribute to women's economic inclusion by supporting women-led small and medium-sized enterprises' access to finance and business advisory services."
Banca Intesa Belgrade has been present in Serbia for more than 15 years and has a network of 147 branches throughout the country.
Harrisons’ team was led by Principal Mark Harrison and Consultant Ines Matijevic-Papulin and included Associate Mina Markovic.