In the wake of the devastating floods that ravaged Bosnia and Herzegovina in 2024, the European Bank for Reconstruction and Development (EBRD) has partnered with the European Union (EU) to offer crucial financial support to small businesses in affected regions.
EBRD is providing a €2 million credit line to Mikrofin d.o.o. Banja Luka, a local microfinance institution, which will channel funds to small and medium-sized enterprises (SMEs) struggling to recover.
This investment, supported by the EU’s Sustainable Development Plus (EFSD+) fund, is designed to ensure continued access to financing in flood-stricken areas like Kreševo, Fojnica, and Jablanica.
EBRD’s commitment to Bosnia and Herzegovina is underscored by its swift response to the crisis, also helping the government secure EU Solidarity Fund assistance.
With over €213 million invested in 23 projects across the country in 2024, the bank is determined to foster long-term recovery, resilience, and a transition toward a greener economy.
