EBRD extends €5 million to Erste Bank Montenegro for green transition and women's entrepreneurship
Montenegro, Oct. 15 -- The European Bank for Reconstruction and Development (EBRD) is deepening its commitment to Montenegro's green transition and inclusive growth with a new €5 million financial package for Erste Bank AD Podgorica (Erste Bank Montenegro) to be on-lent to its clients.The funds will go towards two high-impact areas: €3 million to help households, housing associations and construction companies to invest in energy-saving upgrades, and €2 million to empower women-led businesses with fresh capital for growth. In addition to loans, investments will be supported by European Union-funded grant incentives and guarantees.This initiative builds on the EBRD's longstanding support in Montenegro and reflects its strat...
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