Serbia, July 31 -- The European Bank for Reconstruction and Development (EBRD) is providing a subordinated debt facility to ProCredit Bank Serbia (PCBS) in a landmark transaction that will strengthen the bank's capital base and contribute to the long-term resilience of Serbia's banking sector. This is the first time that the EBRD has issued a subordinated loan in local currency in the Western Balkans.The €12 million equivalent loan in Serbian dinars will help PCBS to maintain compliance with capital requirements - including minimum requirements for own funds and eligible liabilities (MREL), a critical component of regulatory stability. Structured with embedded call and early prepayment options, the loan will bring international regula...