Croatian Businesses To Benefit From €100M EIB Loan Via PBZ

2025-03-24 03:13:10

(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 24. The European Investment Bank (EIB) is providing a 100 million euro loan to Privredna Banka Zagreb (PBZ), part of the Intesa Sanpaolo Group, to boost financing for Croatian businesses, Trend reports.

The funds will support small and medium-sized enterprises (SMEs) and Mid-Caps, with at least 70% allocated to SMEs and 20% dedicated to green investments.

The loan, to be disbursed over three years, will focus on enhancing business competitiveness and sustainability, particularly in energy efficiency and renewable energy. A portion will also support women-owned businesses, reinforcing the EIB's commitment to gender equality.

“This financing strengthens our partnership with PBZ and helps Croatian businesses grow while advancing climate goals,” said EIB Vice-President Teresa Czerwińska. PBZ President Dinko Lucić emphasized the bank's focus on sustainability and ESG principles.

The loan builds on a decade of EIB support for PBZ, which includes 200 million euros in previous lending and a 100 million euro guarantee agreement signed in 2024.

MENAFN24032025000187011040ID1109348063

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.