The European Bank for Reconstruction and Development (EBRD) will provide a €15 million loan to ProCredit Bank to ease access to finance for micro, small and medium-sized enterprises in Moldova within the EU4Business-EBRD credit line. The new financing, supported by European Union funds, will help companies to become more green and competitive, and seize new export opportunities.
The financial package will allow businesses to invest in the modernisation of their equipment and production processes to EU standards in product quality, health and safety measures and environmental preservation despite the COVID-19 crisis. Ensuring high product standards allows companies to become more export-oriented and trade their goods widely, while also making them more competitive on the local market.
The EBRD is one of the largest institutional investors in Moldova. To date, it has invested around €1.42 billion in more than 140 projects in the country to support private businesses and key infrastructure and to build a greener and more sustainable economy.
Find out more
This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a B&S Europe-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.