EBRD president makes three-day visit to Serbia

By bne IntelliNews July 9, 2024

The President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, is on a three-day visit to Serbia, the EBRD announced on July 8.  

Serbia, a key investment destination for the EBRD, ranks among the top five recipients of the bank's funding. This marks Renaud-Basso's second in-person visit to the country, following meetings in 2023 and a virtual visit during the COVID-19 pandemic in 2021.

"I am very much looking forward to visiting Serbia, a country where the bank has already achieved notable results," said Renaud-Basso. "Serbia is an important investment destination for us, and last year it was the fifth-largest recipient of EBRD funds, with almost €850mn invested in 28 projects."

During her visit, Renaud-Basso is scheduled to meet with representatives of state bodies, clients, members of the business community, and representatives of civil society. On the morning of July 9, she will also meet with  President Aleksandar Vucic.

The EBRD is a leading institutional investor in Serbia, having invested more than €9bn to date through 355 projects, the majority of which support the private sector. The bank's focus in Serbia includes bolstering the competitiveness of the private sector, facilitating the green energy transition and developing sustainable infrastructure.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EBRD approves €30mn loan to Serbia for renewable heat generation

The EBRD has approved a loan of up to €30mn to Serbia to finance investments in renewable heat generation, the organisation announced during EBRD President Odile Renaud-Basso's visit to Belgrade on ... more

EBRD and Banca Intesa Belgrade sign €72mn financing package

The European Bank for Reconstruction and Development (EBRD) signed a €72mn financing package with Banca Intesa Beograd (BIB) to enhance the competitiveness of local businesses and promote the green ... more

Agri Europe Cyprus led by Serbian businessman plans offer to acquire additional shares in Addiko Bank in May

Agri Europe Cyprus, a holding owned by Serbian businessman Miodrag Kostic, is preparing to announce an offer to acquire additional shares of Austria’s Addiko Bank AG in mid-May, ... more

Follow Us On

Most Read

  1. Possible record heat index of 82.2°C reported in southern Iran
    9 days ago
  2. Tusk says Ukraine won’t join EU without owning up to past atrocities
    5 days ago
  3. VISEGRAD BLOG: Globsec security forum insists Ukraine is still winning the war
    5 days ago
  4. Kamikaze marketing: how the natural diamond industry could have reacted to the lab-grown threat
    4 days ago
  5. Russia revs up to test cross-border crypto payments
    2 days ago
  1. Possible record heat index of 82.2°C reported in southern Iran
    9 days ago
  2. Russia’s new war middle class
    15 days ago
  3. Russia overtakes Japan to become the fourth largest economy in the world in PPP terms
    3 months ago
  4. What is Ukraine’s goal in the Battle for Kursk?
    30 days ago
  5. China, Russia to reintroduce barter trade for the first time in 30 years to avoid US sanctions
    29 days ago

Reports

Dismiss