EUR 64.5 million extended to domestic companies through Development Bank

22/12/2023

  • Development Bank of North Macedonia has disbursed funds in the amount of EUR 64.5 million from the European Investment Bank loan through the EIB 7 credit line for working capital and investments for SMEs and mid-cap companies, including green transition.   The funds are intended to finance 201 projects (94 for long-term investments and 107 for working capital), as well as to create 206 new ...

An agreement was signed with the French Development Agency for a new EUR 50 million intended to support companies

21/12/2023

  • The Government of RNM, the Ministry of Finance, and the Development Bank of North Macedonia through the French Development Agency provided new sources of funds to encourage the Macedonian economy to invest in green, social investments, and digitization in the amount of EUR 50.   The funds will be extended through the Development Bank of North Macedonia and will be available to end users t...

CEB approves 50 million euro loans to back Macedonian economy through the Development Bank

20/11/2023

  • The Council of Europe Development Bank (CEB), at the session held on November 17, 2023, made a decision to approve a Program Loan worth a total of EUR 50 million to the Development Bank of North Macedonia. This loan will promote job creation by funding the eligible micro, small, and medium enterprises (MSMEs) in the Republic of North Macedonia for both investment and working capital. The loan ...

EIB Global provides a €1 million technical assistance grant to boost the rollout of green financing for SMEs in North Macedonia

15/09/2023

  • - from EIB Press Release -         The funds will facilitate the financing of green projects in line with the EU Green Agenda for the Western Balkans The technical assistance will support the implementation of a new green credit line for SMEs extended to the Development Bank of North Macedonia (DBNM) in July this year To date, DBNM and EIB Global have jointl...

North Macedonia: EIB Global unlocks €100 million of EU investment with Development Bank of North Macedonia to boost green transformation of SMEs

17/07/2023

  • - Press release by the EIB -   The agreement demonstrates EIB Global’s commitment under Team Europe to increase access to finance for Macedonian SMEs and support their sustainable growth. The funds will help cover liquidity and investment needs, with a particular focus on green projects. Since 2019, the EIB has provided €212 million for small business in...