Tabs navigation
Financial institutions development - the case of the Russia Small Business Fund
The European Bank (EBRD) has, over the last three years, established programmes with various financial intermediaries in Central and Eastem Europe and the former Soviet Union to provide financing for small SME projects. The Bank participates in venture capital funds, takes equity inlocal banks to increase their capital base and strengthen corporate governance, provides bank to bank loans, co-finances local projects with foreign and local banks, and provides Apex credit lines under sovereign guarantee. Some of these activities are aimed primarily at finding investments
and providing support to SMEs, but the majority of the programmes take a broader approach and have interrelated goals: funding SMEs, and creating the long-term capability of the local banking system to provide small firms with access to bank services.
The European Bank (EBRD) has, over the last three years, established programmes with various financial intermediaries in Central and Eastem Europe and the former Soviet Union to provide financing for small SME projects. The Bank participates in venture capital funds, takes equity in
local banks to increase their capital base and strengthen corporate governance, provides bank to bank loans, co-finances local projects with foreign and local banks, and provides Apex credit lines under sovereign guarantee. Some of these activities are aimed primarily at finding investments
and providing support to SMEs, but the majority of the programmes take a broader approach and have interrelated goals: funding SMEs, and creating the long-term capability of the local banking system to provide small firms with access to bank services.
local banks to increase their capital base and strengthen corporate governance, provides bank to bank loans, co-finances local projects with foreign and local banks, and provides Apex credit lines under sovereign guarantee. Some of these activities are aimed primarily at finding investments
and providing support to SMEs, but the majority of the programmes take a broader approach and have interrelated goals: funding SMEs, and creating the long-term capability of the local banking system to provide small firms with access to bank services.
Tabs navigation
- Value chain financing: evidence from Zambia on smallholder access to finance for mechanization
- Developing agro-pastoral entrepreneurship: bundling blended finance and technology
- Building frontline market facilitators' capacity: the case of the ‘Integrating Very Poor Producers into Value Chains Field Guide’
- Boosting financial inclusion through social assistance reform: evidence-based approach in selecting a payment system
- Impact of COVID-19 on livestock exports from Somalia and the Horn of Africa
Browse our other journals
