by AgroWeb on May 2, 2017

EBRD to support internationalization of Albanian SMEs to expand trading opportunities

The European Bank for Reconstruction and Development (EBRD) and the Albanian Consulting Network (ACN) a business forum with Albanian entrepreneurs on ways to support internationalisation of small and medium sized enterprises and expand trading opportunities for SMEs. EBRD is implementing advisory project for small businesses in Albania under the Bank’s Advice for Small Business Programme ...

by AgroWeb on January 13, 2017

EBRD, Societe Generale Albania sign agreement to increase local farmers’ access to finance

Société Générale Albania, a banking and financial services company, and the European Bank for Reconstruction and Development, EBRD, signed Thursday an agreement to support a lending instrument designed to increase local farmers’ and agribusiness companies’ access to finance, especially in remote regions of the country. The EBRD, together with the Albanian ...

by AgroWeb on July 29, 2016

ProCredit Bank Albania joins Albania Agribusiness Support Facility

€15 million risk participation facility will allow increased lending to eligible agribusinesses. ProCredit Bank Albania Sh.A (PCBA) has become the first financial institution in Albania to receive a €15 million risk participation facility under the new Albania Agribusiness Support Facility. The facility is an innovative product that will enable PCBA to expand its lending to ...

by AgroWeb on July 28, 2016

EBRD investments in Western Balkans promote regional and EU integration

Balkan habitually was referred to as ‘the region that produces more history than they can consume’. Whereas European Union is referred to as ‘a unification of nations that began from economic cooperation’. There is a magical formula of co-existence. Economic cooperation. That magic combination is the best package Europe can pass to Balkans. Balkan countries share a common ...

by AgroWeb on June 13, 2016

Albanian women – “Rule the business”

If an economy runs like an engine, ask yourself why so many of these engines are running only at half speed? Too many emerging economies are ignoring the skills and potentials of half of their workforce; the one of women. They create more jobs, a growing economy and healthier happier people. Nothing feministic here, just a question of equality. Even though we are far from singing Beyoncé&...

by AgroWeb on May 13, 2016

EBRD: Energy sector to boost Albania economically

EBRD has trimmed down the projection for growth for many countries, while maintained its projection for Albania's gross domestic product (GDP) growth at 3.3% in 2016 and projected a 3.5% expansion for 2017. EBRD sees the Albanian economy picking momentum, but that still will require an active fight against informality and reduction of non-performing loans which is critical for restoring credit ...

by AgroWeb on December 21, 2015

EBRD forecasts 3.3% economic growth for Albania

The region’s economy took some punches earlier this year. Now the stage is set for a comeback. While the Albanian economy will experience a progressive economic growth in the upcoming year, according to a report published by European Bank of Reconstruction and Development that predicts a growth of 3.3% for 2016. EBRD sees the Albanian economy picking momentum, but that still will require an...

by AgroWeb on July 22, 2015

EBRD and Intesa Sanpoalo join forces in a loan guarantee agreement

As a concept, risk-sharing agreements mean different things in different contexts. In the banking system, it means easing access to finance for innovative SMEs. Recently the European Bank for Reconstruction and Development (EBRD), known for its strong appetite for calculated risk, have participated in a risk-sharing agreement with Intesa Sanpaolo Bank Albania to boost medium and long term ...

by AgroWeb on June 26, 2015

Guarantee Fund to unblock financing for agri-businesses

Rural financing is arguably the most critical bottleneck to overcome for the Albanian banking system, which for the past 20 years has shown little interest on crediting the agricultural sector. Very small size of the farms, low productivity and income from farming, still persisting land ownership claims, lack of capacity to present a sound business plan, and most importantly lack of collateral, ...

by AgroWeb on June 10, 2015

Guarantee Fund to unblock financing for agri-businesses

Rural financing is arguably the most critical bottleneck to overcome for the Albanian banking system, which for the past 20 years has shown little interest on crediting the agricultural sector. Very small size of the farms, low productivity and income from farming, still persisting land ownership claims, lack of capacity to present a sound business plan, and most importantly lack of collateral, ...