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

NEWS

WB EDIF Business Forum

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.

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

See more news & events
Footer Logo WBEDIF