WB EDIF in your country

WB EDIF in your country

WB EDIF operates in 7 Western Balkan economies
and provides millions of euros of financing and support to SMEs
WB EDIF operates in 7 West Balkan countries
and provides millions of euros of support.

WB EDIF
in yout country

WB EDIF operates in 7
West Balkan countries
and provides
millions of euros of support.

Albania

WB EDIF first began providing financing to Albania via its Guarantee Facility instrument, which was deployed via Procredit Bank. Following good deployment of this first round of financing, a second Guarantee Facility was signed with Raiffeisen Bank Albania.

The Fund Managers of ENIF and ENEF have also been actively exploring investment potential and sourcing pipeline in the country.

ENEF made one investment, in company APM: a local manufacturers of fabricated metal products in Albania serving both the domestic and export markets.

On the Support Services side:

  • Albania was the last beneficiary country to start utilising WB EDIF funding for EBRD’s Advice for Small Businesses (ASB) in the second half of 2017 through local and international consultancy projects,
  • Led by the OECD, the Small Business Act (SBA) assessment supported Albania in improving SME policy making and enhancing the capacity of its policy makers in addressing related challenges,
  • An IP toolkit was made available to participants of a workshop held in Tirana by EIB to support understanding of intangible assets and intellectual property in the Western Balkans, and
  • Under the World Bank’s EU-REPARIS programme, activities were organized on a regional basis with regular participation of the various stakeholders of Albania.
31.2m€ provided in financing to SMEs
525 SMEs financed
Western Balkans WB EDIF map Serbia Croatia Kosovo* Montenegro Bosnia and Herzegovina FYR Macedonia Albania

News & Events

21 Mar
- 2016
NEWS

The WBEDIF Guarantee Facility II Call for Expression of Interest goes live

Following the good results of the first round of financing of the WBEDIF Guarantee Facility, and with the endorsement of the Platform Adivisory Group (PAG), the instrument has been replenished with additional European Union funding. On 18 March 2016 the corresponding Call for Expression of Interest went live and the EIF shall begin receiving applications and selecting Financial Intermediaries to allocate funding to. Read more

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