According to the EIB, the project consists in a multiple beneficiary intermediated loan to HBOR (Croatia's Bank for Reconstruction and Development) to support projects carried out by small and medium-sized enterprises, mid-caps as well as public sector entities in the country. The operation will have a dedicated climate action and environmental sustainability lending window.
The aim is to enhance access to finance for the target beneficiaries, with a focus on investments promoting green transition in Croatia.
As stated on the company's website, Croatian Bank for Reconstruction and Development is the development and export bank and export credit agency of the Republic of Croatia whose main task is to promote the development of the Croatian economy. By lending, investing in venture capital funds, insuring exports against political and commercial risks, issuing guarantees and providing business consulting services, HBOR builds bridges between entrepreneurial ideas and their realisation with the goal of strengthening the competitiveness of the Croatian economy.
No project contacts provided at the time of disclosure.
Financial Intermediary - Hrvatska Banka za Obnovu i Razvitak:
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