Montenegro, Dec. 1 -- Micro, small and medium-sized enterprises (MSMEs) in Montenegro are set to gain better access to finance thanks to a new partnership between the European Bank for Reconstruction and Development (EBRD) and Crnogorska komercijalna banka (CKB), supported by the European Union (EU).Under the agreement, the EBRD will provide CKB with an unfunded risk-sharing guarantee of up to €25 million, paving the way for up to €50 million in new SME lending through the EBRD's portfolio risk-sharing (PRS) product. The guarantee will cover up to 50 per cent of the credit risk on new loans issued by CKB, significantly reducing barriers for businesses seeking growth capital.The initiative is backed by technical assistance and a ...