Serbia, Oct. 28 -- The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are strengthening access to finance for businesses in Serbia by providing a new risk-sharing facility to Raiffeisen Bank Serbia that will help to unlock up to €70 million in fresh financing for micro, small and medium-sized enterprises (MSMEs).Under the arrangement, the EBRD will provide a €35 million unfunded portfolio guarantee covering 50 per cent of the credit risk on a newly generated portfolio of MSME loans originated by Raiffeisen Bank.Backed by technical assistance and a first-loss counter-guarantee from the EU's European Fund for Sustainable Development Plus (EFSD+) Growth for All programme, the initiative will tar...