EBRD and ZABA launch new risk-sharing facility in Croatia
Croatia, March 10 -- The European Bank for Reconstruction and Development (EBRD) has signed a new unfunded risk-sharing facility (RSF) with Zagreba?ka banka (ZABA), Croatia's largest bank, to support lending to local enterprises.Under the RSF, the EBRD will guarantee 65 per cent of each individual loan that ZABA provides to eligible clients. The facility has a total limit of up to €100 million.The first transaction under this RSF is a €15 million loan to Mlinar pekarska industrija, the leading producer, wholesaler and retailer of baked goods in Croatia and the broader region. The company will use the funds for capital investments, potential acquisitions and working capital. Key initiatives include expanding and renovating its ba...
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