New green loan options for SMEs and underserved individuals in North Macedonia
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OPEC Fund €20mln loan to promote access to finance for local businesses in Albania
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OFID 20 million loan to promote access to finance for local businesses in Albania
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AUSTRIA, 31st October, 2023 (WAM) The OPEC Fund for International Development (OFID) is providing a €20 million loan to Raiffeisen Bank Albania (RBAL) for on-lending to micro, small and medium-sized enterprises (MSMEs), especially women-led businesses and companies that are supporting food security or green energy projects.The OPEC Fund’s first loan to a financial institution in Albania is extended in parallel with a €50 million loan by the European Bank for Reconstruction and Development (EBRD).The funds are eligible against RBAL’s Minimum Requirements for own funds.