European Bank for Reconstruction and Development (EBRD) and the European Union (EU) has given financing to Sparkasse Bank. It will give small and medium-sized enterprises (SMEs) opportunities to invest in digital transformation in Bosnia and Herzegovina.
The EBRD has provided an €8 million loan that Sparkasse Bank will on-lend to local SME clients. The proceeds will be used to help small firms invest in the automation and digitalization of business processes to improve productivity, operational efficiency and resilience.
