European Agency for Reconstruction gave ownership over Revolving Credit Fund to Government of Serbia

Successful four-year National Bank of Serbia’s management of the means of the Revolving credit fund, which was founded by European Agency for Reconstruction with its donations in 2001, qualified Serbia for the transfer of ownership over fund worth €26.4m from this EU Agency to the Government of Serbia.

European Agency for Reconstruction is very satisfied with the fact that it gives Revolving Fund to the Government of Serbia and it believes that the Fund will be providing support to the SME sector, which needs credit means in order to develop at the desired tempo – said Daniel Đuglaris, Head of EAR to Serbia.