EBRD grants Erste Bank €100m loan to boost tourism in Croatia and Montenegro

The European Bank for Reconstruction and Development (EBRD) is investing in the tourism sector in Croatia and Montenegro with a senior loan of up to €100 million to the Erste Bank Croatia (EBC), the EBRD announced on Monday. The loan is intended for on-lending to private hospitality enterprises in order to expand their businesses through sustainable investments in hotels and other tourism operations. Pročitaj više