Montenegro: EIB and IDF sign €50 million loan to support faster post-COVID recovery of SMEs and mid-caps

Sep 14, 2020

Montenegrin small and medium-sized enterprises (SMEs) and mid-caps in tourism and other sectors severely affected by COVID-19 will benefit from a €50 million loan that the European Investment Bank (EIB) has signed today with the Montenegrin Investment and Development Fund (IDF). The loan will provide immediate support for the faster recovery of the Montenegrin economy by unlocking more affordable financing for SMEs, mid-caps and public sector enterprises to sustain jobs and maintain their liquidity.


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