Deputy Ambassador of Republic of Poland to Serbia, Mr Andrzej Kindziuk, announced that his country will host the next year’s Berlin Process Summit in the city of Poznań, due to its economic and historical significance. The announcement came during the event on the future of Berlin Process, organised by the European Western Balkans portal.
This report presents the results of the EIB CESEE Bank Lending survey at the regional and at the single country level. The survey is a unique instrument developed in the context of the Vienna Initiative to monitor cross-border banking activities and deleveraging in CESEE, to better understand the determinants / constraints influencing credit growth in CESEE and to gain some forward-looking insights into cross-border banks’ strategies and market expectations regarding local financial conditions.
The fifth Berlin Process Summit, hosted by the United Kingdom, got underway with a meeting of Economy Ministers in Vienna on 4 July.
Discussions in Vienna focused on how the Berlin Process could best support economic growth in the region, including through the implementation of the Western Balkans Multi-Annual Action Plan for a Regional Economic Area Plan – a proposal agreed at the 2017 Berlin Process Summit to allow for the unobstructed flow of goods, services, capital and highly-skilled labour across the region, so as to promote investment and trade.
First time public WB EDIF Annual Report 2017 can be accessed on the link below:
The first WB EDIF Business Forum took place in Belgrade on 26 June 2018 as part of the 12th WB EDIF PAG meeting. The Forum was hosted by the Ministry of Economy of Serbia and the Chamber of Commerce and Industry and took place under the auspices of the European Commission with the support of the EIF.
The event gathered more than 150 participants from the entire region, including officials from the beneficiary economies, EC, EUDs, IFIs, Chambers, banks and finance providers as well as a number of SMEs. Several panels were organized to learn more about what WB EDIF has to offer, to hear stories from the companies benefitting under the facility and to discuss the main access to finance challenges.
The Forum was opened by the President of the Chamber of Commerce, Marko Cadez, State Secretary of Ministry of Economy of the Republic of Serbia, Branimir Stojanovic and Head of Cooperation at Delegation of the European Union to Serbia, Ingve Engstrom.
A business to finance event was organized in the afternoon, where the SMEs from the Western Balkans had the chance to meet the finance and advisory providers under the WB EDIF.
The first WB EDIF Business Forum took place in Belgrade on 26 June 2018 as part of the 12th WB EDIF PAG meeting. The Forum was hosted by the Ministry of Economy of Serbia and the Chamber of Commerce and Industry and took place under the auspices of the European Commission with the support of the EIF.
The event gathered more than 150 participants from the entire region, including officials from the beneficiary economies, EC, EUDs, IFIs, Chambers, banks and finance providers as well as a number of SMEs. Several panels were organized to learn more about what WB EDIF has to offer, to hear stories from the companies benefitting under the facility and to discuss the main access to finance challenges.
The Forum was opened by the President of the Chamber of Commerce, Marko Cadez, State Secretary of Ministry of Economy of the Republic of Serbia, Branimir Stojanovic and Head of Cooperation at Dele-gation of the European Union to Serbia, Ingve Engstrom.
A business to finance event was organized in the afternoon, where the SMEs from the Western Balkans had the chance to meet the finance and advisory providers under the WB EDIF.
A native of bablak in southern Kosovo*, Ejup Shumolli is the owner of a factory that produces high quality vinyl windows and doors. His products are unique because he uses Inoutic, a German material which is well known for its superb thermal insulation and moisture protection.
Find out how Ejup received financing for his company through WB EDIF’s Guarantee Facility
“Being at the right place at the right time is one of the major reasons why am I here today,” explains Mr Dejan Spasovski, the owner and general manager of De-Ta Dejan. Find out how Dejan benefitted from financing through WB EDIF’s Guarantee Facility.
This paper presents the findings of a survey of bank lending practices to SMEs in Serbia conducted by the World Bank Centre for Financial Reporting Reform (CFRR)3 at the end of June 2016.
The Central Eastern and South-Eastern Europe (CESEE) Bank Lending Survey is a biannual survey covering around 15 international banking groups and 85 local subsidiaries or independent local banks. The survey is a unique instrument for monitoring banking sector trends and challenges in CESEE.
