EBRD Funds Serbia's AikBank with €30mn Local Currency Factoring Facility

The European Bank for Reconstruction and Development (EBRD) has provided a €30mn-equivalent revolving factoring credit facility to AikBank in Serbia.

The facility, which is worth approximately €30 million, will be disbursed in Serbian dinars through AikBank's digital factoring platform.

This move eliminates foreign exchange risk for businesses that primarily trade in dinars and aims to support Serbian companies by improving access to working capital and strengthening liquidity throughout domestic supply chains.

The EBRD stated that the facility will play an important role in supporting small and medium-sized enterprises, particularly those in Serbia.