
The European Fund for Southeast Europe (EFSE) has provided another loan to the value of EUR 15 million to ProCredit Bank Serbia, enabling the bank to expand its lending activities to very small and small enterprises.
ProCredit Bank and German Development Bank KfW signed today in Belgrade agreements on two new credit lines totaling 30 million euros by means of which ProCredit Bank would further intensify its support to energy efficiency improvement in business operations of small and medium-sized companies (SME) and living standards of a large number of households in Serbia.
Succeeding Ms Doerte Weidig, who has assumed new responsibilities within ProCredit Holding in Frankfurt, Mr Borislav Kostadinov has since August taken up his appointment as Chairperson of the Board of Directors of ProCredit Bank in Serbia.
Mr Borislav Kostadinov has been for nearly 10 years a member of ProCredit Group’s management team, performing managerial duties in several ProCredit Banks in the region in the last six years and in ProCredit Bank Serbia in 2002.
ProCredit Bank and its employees will take part in the tomorrow’s ecological action “Big Cleaning of Serbia“ in organization of the Ministry of the Environment and Spatial Planning, and give their contribution to conservation of our environment by cleaning riverbanks, parks and promenades in more than 35 cities of our country.
ProCredit Bank, as the leading bank in Serbia in supporting development of domestic agricultural production, has organized today a presentation of its existing cooperation with the agricultural sector and plans for future support to agricultural sector streamlining.
ProCredit Bank, leading bank in supporting development of domestic agriculture, has initiated disbursement of subsidized long-term and short-term loans in cooperation with the Ministry of Agriculture, and in just a few days disbursed to agricultural households in our country around 200 loans of this type the purpose of which is procurement of raw materials and intermediate goods for spring sowing and purchase of new agricultural mechanization.
ProCredit Bank has announced for the third year in a row the competition for the last year’s most successful agricultural producers - ProAgro Lider 2010, with the aim to present domestic agricultural producers with the highest yield and best results, as well as to encourage and stimulate further development of agricultural production in Serbia.
ProCredit Bank will, this year as well, provide favorable loans to agricultural producers in Serbia in order to enable them to timely obtain the necessary primary products in order to successfully carry out the coming spring sowing.
ProCredit Bank, as a leader in providing support to the development of small and medium-sized enterprises and entrepreneurs in Serbia, has disbursed the first subsidized loan for investments on the domestic market in 2010, the value of which amounts to 500.000 euros.