Member News: EIF Partners With Erste Bank to Offer SME Support in Montenegro
SME Finance Forum member The European Investment Fund (EIF) signed the first InnovFin SME Guarantee Facility agreement in Montenegro with Erste Bank AD Podgorica to support innovative SMEs. The InnovFin Agreement will protect 50 percent of each loan distributed by Erste Bank and is expected to trigger a total loan portfolio of up to €30 million.