EIB ready to assist with digitalization in Serbia

The European Investment Bank (EIB) is ready to support digitalization in Serbia and installing fast internet in schools across the country – the bank’s Vice President, Dario Scannapieco has said.

At a press conference in Belgrade, he talked about the bank’s activities the region, saying that he had discussed the said plans with the Serbian Prime Minister Ana Brnabic.

“We are ready to get involved in this project, and we will start working on the feasibility study after which the final decision will be made”, Scannapieco added.

According to him, the EIB has been focusing on the development of infrastructure, energy and supporting small and medium enterprises, which are the driving forces behind development and employment.

“This year started well for Serbia because four new loans and two grant agreements, in the amount of 347 million EUR, have been signed,” he said.

He also revealed that the EIB had signed a loan agreement with Banca Intesa, worth 30 million EUR that will be spent on supporting small and medium enterprises.

Scannapieco also reminded that EIB had signed contracts on two credit lines – one with Erste Bank worth 60 million EUR and one with the Societe Generale Bank worth 50 million euros, in addition to two investment grant contracts worth 73 million EUR since the beginning of this year.

(Politika, 01.02.2018)



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