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Small and medium finance

The EBRD finances many small projects directly, especialy in the Early Transition Countries. But to give entrepreneurs and small firms greater access to finance, the EBRD also supports financial intermediaries, such as local commercial banks, micro-business banks, equity funds and leasing facilities.

Investment criteria are consistent with EBRD policy, but financial intermediaries make independent decisions about which small and medium exterprises (SMEs) they fund.


A Romanian Commercial Bank loan is developing this family bakery in Romania.


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