EBRD partners with Landeslease to boost Albanian businesses
Albania, Dec. 23 -- The European Bank for Reconstruction and Development (EBRD) is strengthening its support for micro, small and medium-sized enterprises (MSMEs) in Albania through a new partnership with Landeslease. The Bank will provide a senior loan of up to €5 million to expand access to finance for MSMEs nationwide.The funding, supplied under the EBRD's SME Reboot Programme, will enable Landeslease to offer sub-leases for MSME investments in higher-performance technologies and services. It will help local firms go beyond business as usual and upgrade processes to meet European Union (EU) directives and other internationally recognised standards, boosting competitiveness at home and abroad.To further reduce the cost of investment...
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