EBRD signs three credit lines with Banca Intesa, Intesa Leasing

The European Bank for Reconstruction and Development (EBRD) has signed three credit lines with Banca Intesa and Intesa Leasing worth a total of 60 million euros to be used for financing citizens and the real economy.

A 30 million euro credit line will be on-lent by Banca Intesa to citizens as favorable housing lending, while a 5 million euro credit line will be used to continue implementation of the Women in Business program of support for the development of female entrepreneurship as part of which the bank provides loans for financing working capital and investments to women-led SMEs. A credit line of 25 million euros will be used by Intesa Leasing to support SMEs in the purchase of commercial vehicles, equipment and investment property. “Successful cooperation with the EBRD has been enabling us for a number of years to bolster our own credit potential and provide our clients, both households and the economy, with access to favorable long-term sources of funding.”, said Draginja Djuric, President of Banca Intesa Executive Board.

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