The EBRD and the Enterprise Expansion Fund (ENEF) will jointly invest in the European Voluntary Pension Fund Management Company (EPF) together with Skupna pokojninska dru┼żba and the Pension Reserve Fund of Republika Srpska.


The investment will allow the fund management firm to become the first provider of voluntary pension management services in Republika Srpska, one of the two entities constituting Bosnia and Herzegovina. This will offer private customers and investors a wider choice and represent a major milestone in the development of the local capital market.

See the full press release here